Trading quiet as coronavirus staff issues hit some processors

Some processing plants have been affected more than others by staff absences due to coronavirus, but the trading cycle was a relatively quiet affair running into the Easter break, according to Thames Valley Cambac.

In its weekly market summary, TVC said some processors were planning a full week this week, with others planning to take Good Friday off.

“Plans were further compounded by staff availability, with some outlets more affected by illness/self isolating than others. However, supplies remained tight and all pigs were placed,” it said.

Contract price contributions stood on and there was a welcome lift in the SPP, up 0.24p to 163.39p last week.

“The fresh meat market was patchy at best with some outlets, which were heavily reliant on the foodservice sector, cancelling orders altogether. It is hoped that they manage to tap into different routes to market soon,” it added.

Cull sow prices eased 3p due to adverse currency movement. In Europe, Germany and Ireland stood on, but the French and Dutch markets fell sharply, down 5 and 4 eurocents respectively. Price quotes in sterling were eroded further by a weaker Euro that ended the week down 1.89p at 87.85p.

There were very few 7kgs weaners or 30kgs stores surplus to regular contract movements, but demand was pretty steady. The AHDB weighted average for a 7kg weaner rose by 11p to £42.68, but no quote was given for a 30kg store pig.

European Prices (p/kg.dwt) w/c 05/04/20   Movement on last week
European Av.                      159.75                 – 4.70
Belgium                               146.03                 – 5.45
Denmark                              161.13                 – 3.65
France                                 159.50                  – 7.64
Germany                             166.04                  – 3.58
Ireland                                 163.14                   – 3.52
Holland                                 154.11                  – 3.72
Spain                                    168.28                  – 5.38

(Ref Weekly Tribune)

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Editor of LBM titles Pig World and Farm Business and group editor of Agronomist and Arable Farmer. National Pig Association's webmaster. Previously political editor at Farmers Guardian for many years and also worked Farmers Weekly. Occasional farming media pundit. Brought up on a Leicestershire farm, now work from a shed in the garden in Oxfordshire. Big fan of Leicester City and Leicester Tigers. Occasional cricketer.