Demand was “mediocre at best”

This week’s Slaughter Pig Marketing Summary from Thames Valley Cambac reported that supply was a touch tighter this week, but demand was mediocre at best. Two of the major processors cut kills citing poor demand and factory issues.

TVC - 17.02.19
While not unusual at this time of year with half term holidays to contend with, it was a disappointing development. While average weights are still above levels seen this time last year, they are now generally easing, and most producers are forecasting shorter numbers in the weeks to come.

The fresh meat market was similar with little spark from the high street to report – most wholesalers are now resigned to waiting for the next payday to liven demand. The cull sow market eased back a penny due to unfavourable currency. In Europe, Spain and Holland improved, adding three and two euro cents respectively, and all other countries stood on. Quotes in sterling were tempered however, by a weaker Euro that ended the week down 0.68p at 87.26p.

The Weaner Marketing Summary for week commencing February 17, reported that Supply improved slightly with some odd batches available from breeder feeder operations wishing to make a bit of space. Demand was similar, but prices remained the same. The prices announced by the AHDB saw no quote given for a 30kgs store pig, and the weighted average for a 7kg weaner rise by 44p to £35.83.

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