Producer share of retail price fell to 35% in September

Farmgate prices continue to show a much steeper fall than retail prices, leaving pig producers with a 35% share of end product values throughout September, according to AHDB Pork.

Reporting that farmgate prices dropped by over 1% during the month, the largest change since March this year, AHDB Pork point out that average retail prices, in contrast, have remained unchanged since August.

“The producer share of the retail price is five percentage points below the figure for 2014, as farmgate prices have recorded a much steeper fall than retail prices,” said AHDB Pork.

Looking at individual pricing changes at the retail point, minced pork showed the largest increase at 4%, with boneless leg achieving a 2% increase.

The biggest price decline in September was for fillet of pork (-4%), boneless shoulder (-3%), traditional pork sausages and loin chops (both -1%).

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