Producer share of retail prices in January hit six-year low

There was a 1% drop in January in the share of the final retail price of pork received by producers, according to BPEX, taking the level to its lowest point since January 2009.

Despite the decrease, which was 5% down on January 2014, BPEX report that “some stability was evident during the month”.

“Over the year, farm gate prices have fallen much faster than the retail price, in percentage terms,” said BPEX, commenting on the producers’ share falling to just 37% last month.

“The producers’ share for bacon followed suit and dropped to 33% in December, down over 1% since November and 3% on the year.”

See full BPEX report

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