Allocations ‘shockingly short’ as reliability issues add to pork plant problems – TVC

Number allocations were ‘shockingly short’ again last, not helped by reliability issues at a couple of majors, according to Thames Valley Cambac.

There was little change this week, either processor sentiment or producer frustration. The backlog grows bigger and weights continue to increase,” TVC said in its latest market update.

With the Government’s industry support package taking effect in November, TVC said there was still ‘no news regarding private aid to storage and little sign of foreign butchers rushing to work here’.

One major took a penny out of its contract contribution, but the SPP bounced back, up 1.87p.The fresh meat market remained troubled by the continued challenge of cheap imports.

The cull sow market was well supplied as the number of herd clearances increases, but exporters had finite orders so there may be a small waiting list. European prices fell further in Spain, and the Euro ended the week up 0.12p at 84.49p.

The weaner and store market is now limited to contracted supplies, with little to no interest outside these
arrangements. Some producers are now struggling to accommodate stock, but fatteners cannot be
tempted at any price, TVC added. There were no prices issued by AHDB.

European Prices (p/kg.dwt) w/c 31/10/21   Movement on last week

Tribune Spot Bacon                146.72             n/c

GB SPP                                   148.22             + 1.87

European Av.                          105.19             – 0.02

Belgium                                   82.29               + 0.11

Denmark                                 95.39               + 0.14

France                                     124.62             + 0.01

Germany                                 101.39             + 0.15

Ireland                                     123.35             + 0.17

Holland                                    97.50               + 0.14

Spain                                       111.94             – 0.95

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.