Pig World
  • News
      • Animal Health
      • Breeding
      • Business
      • Environment
      • EU
      • Food Safety
      • Housing
      • Marketing
      • NPA
      • National Pig Awards
      • New Products
      • Nutrition
      • People
      • Pig Fair
      • Politics
      • Training & Education
      • Welfare
  • Features
    • Animal Health
    • Breeding
    • Environment
    • Farm Visits
    • Herd Recording
    • Housing
    • Marketing
    • Nutrition
    • Products
    • Training
  • Comment
    • AHDB Pork
    • Chris Fogden
    • Dennis Bridgeford
    • Peter Crichton
    • Red Robin
    • Veterinary View
    • Zoe Davies, NPA
  • Numbers
  • Pig Prices
  • Magazines
    • July 2025
    • June 2025
    • 2025 Innovation supplement
    • May 2025
    • April 2025
    • March 2025
    • 2025 Buildings supplement
    • February 2025
    • 2025 Nutrition Supplement
    • January 2025
    • December 2024
    • November 2024
    • 2025 National Pig Awards supplement
    • October 2024
    • September 2024
    • August 2024
    • 2024 Pig Health supplement
    • July 2024
    • June 2024
    • 2024 Innovation supplement
    • 2024 Pig & Poultry Fair Guide
    • May 2024
    • April 2024
    • 2024 Buildings Supplement
    • March 2024
    • 2024 Pig Nutrition supplement
    • February 2024
    • January 2024
    • December 2023
    • November 2023
    • 2023 National Pig Awards supplement
    • October 2023
    • September 2023
    • Health Supplement
  • Suppliers
  • Jobs
    • Browse Jobs
    • Post a Job
    • Manage Jobs
  • Classified
  • Events
    • Pigs Tomorrow
    • National Pig Awards
Podcast
Pig WorldPig World
  • News
      • Animal Health
      • Breeding
      • Business
      • Environment
      • EU
      • Food Safety
      • Housing
      • Marketing
      • NPA
      • National Pig Awards
      • New Products
      • Nutrition
      • People
      • Pig Fair
      • Politics
      • Training & Education
      • Welfare
  • Features
    • Animal Health
    • Breeding
    • Environment
    • Farm Visits
    • Herd Recording
    • Housing
    • Marketing
    • Nutrition
    • Products
    • Training
  • Comment
    • AHDB Pork
    • Chris Fogden
    • Dennis Bridgeford
    • Peter Crichton
    • Red Robin
    • Veterinary View
    • Zoe Davies, NPA
  • Numbers
  • Pig Prices
  • Magazines
    1. July 2025
    2. June 2025
    3. 2025 Innovation supplement
    4. May 2025
    5. April 2025
    6. March 2025
    7. 2025 Buildings supplement
    8. February 2025
    9. 2025 Nutrition Supplement
    10. January 2025
    11. December 2024
    12. November 2024
    13. 2025 National Pig Awards supplement
    14. October 2024
    15. September 2024
    16. August 2024
    17. 2024 Pig Health supplement
    18. July 2024
    19. June 2024
    20. 2024 Innovation supplement
    21. 2024 Pig & Poultry Fair Guide
    22. May 2024
    23. April 2024
    24. 2024 Buildings Supplement
    25. March 2024
    26. 2024 Pig Nutrition supplement
    27. February 2024
    28. January 2024
    29. December 2023
    30. November 2023
    31. 2023 National Pig Awards supplement
    32. October 2023
    33. September 2023
    34. Health Supplement
    Featured

    July 2025 issue of Pig World now available

    July 6, 2025
    Recent

    July 2025 issue of Pig World now available

    July 6, 2025

    June 2025 issue of Pig World now available

    June 4, 2025

    2025 Innovation supplement now available

    June 4, 2025
  • Suppliers
  • Jobs
    • Browse Jobs
    • Post a Job
    • Manage Jobs
  • Classified
  • Events
    • Pigs Tomorrow
    • National Pig Awards
LinkedIn X (Twitter)
Pig World
Peter Crichton

Peter Crichton’s commentary for March 6, 2015

PW ReportersBy PW ReportersMarch 6, 20153 Mins Read
LinkedIn Twitter Facebook Email

Although spot prices have continued to improve, unfortunately reductions in European mainland pigmeat values limited UK gains to 2-4p/kg, with the result that most spot bacon was traded in the 122-128p/kg bracket, which is still lagging behind contract prices despite further falls in the SPP, which has lost another 0.74p and now stands at 133.31p.

The pig market also continues to be affected by further reductions in the value of the euro, which was worth as little as 72.1p today compared with 72.7p a week ago, losing another 1% in value.

After several weeks of slightly improving prices, unfortunately cull sow quotes also came under pressure due to the weak euro, with most quotes trimmed by 2-3p/kg, with the result that cull sows were generally traded in the 60-62p bracket, representing a fairly miserable return, especially for those producers looking to restock with gilts. It now looks as though two sows need to be sold to match the cost of one replacement gilt, rather than the other way round, which has sometimes been the case in the past.

Weaner prices are continuing to come under pressure due to uncertainty over future finished pig prices, as well as further falls in the SPP, which is often used as a weaner price matrix, with the latest AHDB 30kg ex-farm weaner average slipping by more than £1 to £44.82/head, although 7kg values improved marginally to £33.83/head.

Probably one of the few bright spots in the market was signalled by further slight drops in cereal values, with March feed wheat futures quoted on the LIFFE market at £116.60/t and July at £119.60. Ex-farm UK spot wheat trades are reported at £113/t, but it’s hard to find many sellers at this level.

While cheaper feed prices will help reduce producers’ losses, many are still operating in the red rather than the black, and this trend is likely to continue unless we see a significant revival in finished pig values in the months ahead.

With the Easter holiday less than four weeks away, pig traders are hoping that we might see a spike in demand in the next few weeks, coinciding with recent reports that UK clean pig slaughtering numbers are 3% lower in January 2015 than the previous year. However, it would be better if any improvement in finishers’ margins was demand rather than supply led.

> Based in Suffolk, Peter Crichton provides a wide range of valuation, auction and livestock marketing services, as well as supplying the UK pig industry with a wide range of consultancy services covering tenancy, contract advice, pig equipment and herd valuations as well as dispute resolution. For more information visit: www.petercrichton.co.uk

Share. LinkedIn Facebook Twitter Email
Previous ArticleRussia discusses import ban “loosening” with Greek leaders
Next Article Karro unveils £10m investment programme
PW Reporters

Read Similar Stories

This Will Be The Last Time (Peter Crichton’s final market update)

March 25, 2023

Pigs on the Wing

March 17, 2023

Good Vibrations

March 10, 2023
Latest News

ABN kicks off pioneering long-term mill project

July 11, 2025

Red Tractor to press ahead with new tiers for outdoor pig producers

July 10, 2025

Last chance to enter or nominate for 2025 National Pig Awards

July 10, 2025
Sponsored Content

THE GATEKEEPER OF RESPIRATORY HEALTH – MYCOPLASMA HYOPNEUMONIAE (M.HYO)

April 30, 2024

Tackle the root cause of PWD with free diagnostic tests

March 1, 2024
Current Pig Industry jobs
  • Senior-Level Pig Stockperson – Ref 1760 Hampshire

    • Hampshire
    • Roadhogs Recruitment Ltd.
    • Full Time
  • Pig Stockperson – Ref 1759 North Yorkshire

    • North Yorkshire
    • Roadhogs Recruitment Ltd.
    • Full Time
  • Pig Stockperson – Ref 1758 Norfolk

    • Norfolk
    • Roadhogs Recruitment Ltd.
    • Full Time
GETTING IN TOUCH
  • Advertise
  • Contact Us
  • Meet The Editors
  • About Us
  • Email Newsletters
  • Subscribe
  • Reuse permissions
OUR SOCIAL CHANNELS
  • Twitter
  • LinkedIn
PARTNER EVENTS
RELATED SITES
  • Farmers Weekly
  • Agronomist & Arable Farmer
  • Farm Contractor
  • National Pig Awards
  • Pigs Tomorrow
  • Poultry News
  • Weekly Tribune
  • Privacy Policy
  • Cookies Policy
  • Terms and Conditions
© 2024 MA Agriculture Ltd, a Mark Allen Group company

Type above and press Enter to search. Press Esc to cancel.