GB pig prices experienced little changes, says AHDB
Abigail Schofeild, trainee analyst at AHDB, says that although there was a slight increase compared to the previous week, the latest quote is 10.89p behind year earlier levels as prices were following a strong upward trend this time in 2017. This is the largest year-on-year drop since June 2016.
In the week that ended 21 April estimated throughputs stood at 166,100 head. This represented a decrease of 4% compared to the previous week and on par with year earlier levels, despite slaughterings in 2017 being impacted by the Easter bank holiday.
Schofeild says that this is explained by somewhat tightened supplies, "perhaps suggesting the challenging winter is now feeding into weekly throughputs. Average carcase weights stood at 83.74kg, 150g below the week earlier. However, this was still over 200g ahead of year earlier levels."
The EU-spec APP rose to 148.41p/kg for the week ended 14 April. This was a week-on-week increase of 0.50p. With the SPP recording a more modest increase in the equivalent week, the gap between the two series widened to 3.25p.
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