Producers secure more of the retail pork price

The proportion of the retail pork price working its way back to producers increased to 43% in September, according to new BPEX figures.

The increase, which was left the producer’s share 1% higher than August and 3% higher than September 2012, was the result of the DAPP reaching 170p/kg.

The producer share of bacon prices in August and early September stood at 38%; this was 1% and 2% above the previous year’s levels respectively.

Retail pork prices in September showed increases across all cuts compared with the same month in 2012. There were above-average increases of 7% for minced pork and boneless leg. Boneless shoulder and loin steak price were 6% higher on the year.

Traditional pork sausages were up 4% up on the year, while pork fillet and loin chops increased by a slower rate.

The month-on-month change varied across the different cuts, with 1% decreases recorded for minced pork, diced pork, loin chops and fillet end leg. In contrast, loin steaks were priced 4% above their level a month earlier.

On average, retail pork prices in September were 4% higher than year earlier levels.

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