This week’s Pig Marketing Summary, from Thames Valley Cambac, reported that the trading week saw signs of improvement for many facets, firstly as most processors (baring one) are now looking for contract numbers, which has not been the case for a number of months.
Typically, this wasn’t helped as pig numbers seem to be drying up a little. Supply and demand being the key to not just our market but the world market as we all know.
Hopefully processors will now be starting to see both demands increase domestically, as well as being able to tap into the export markets more with a number of new plants gaining accreditation for Chinese export. This in turn meant the fresh meat sector having to put money into their contributions to secure their regular supplies.
The cull sow trade stood on this week. Most European prices also stood on with again the exception of France. Quotes in sterling however, decreased rather dramatically, as the Euro weakened by 0.93p to 89.63p.
The Weaner Marketing Summary, for week commencing September 1, reported that 7kg weaner supplies continued to be ample for demand, with a distinct lack of spare fattening accommodation becoming a major factor.
Prices were little changed. The prices announced by the AHDB saw the weighted average for a 30kg store pig rise by £2.95 to £56.12 and the weighted average for a 7kg weaner rise by 28p to £39.29p.
