This week’s Slaughter Pig Marketing Summary from Thames Valley Cambac has reported that factory reliability continued to test the patience with multiple issues leading to a good number of pigs rolled into this trading week. These pigs added to an already swollen supply, with many producers reporting excellent pig growth.
Most factories are at full capacity, and any down time leaves little opportunity to catch up. Hastily arranged extra kills can alleviate some of the problem, but an undercurrent of poor demand dampens the desire to get on top of numbers. Most contract contributions eased a penny, and there was little or no spot trade.
The fresh meat market continued to languish, with poor demand being reported nationwide. The cull sow market eased a penny as well on the back of currency. European prices showed a degree of stability, with the only falls being seen in France and Spain. All quotes in sterling were tempered however by a weaker Euro that ended the week down 0.81p at 87.87.
The Weaner Marketing Summary, for week commencing October 21, reported that the market was extremely difficult for any supplies outside the comfort of a contract. One off offers from breeder feeders found little interest, with fatteners keeping a very tight reign on intakes. The prices announced by the AHDB saw no quote for a 30kgs pig fall and the weighted average for a 7kg stood on at £36.92.