Pigs rolled into this week as factory breakdowns and staff shortages hit plants

Pigs have been rolled into this trading week as a result of ‘inefficient factories caused by breakdowns and staffing issues’ last week, according to Thames Valley Cambac.

“Demand remained strong from most of the major processors and all pigs were placed. There was little improvement in supplies with most average weights trending lower,” TVC said in its latest market update.

Contract price contributions stood on, but contract prices increased on the back of other market fundamentals, as the fresh meat market remained buoyant with decent demand reported from most outlets.

The cull sow market stood on price-wise, but European markets remained volatile with France and Spain seeing significant reverses. Prices quotes in sterling were enhanced slightly by a stronger Euro that ended the week up 0.05p at 86p.

Weaner demand continued to struggle with little interest for any supplies outside regular movements and prices were subdued as a result. AHDB announced a weighted average 7kg weaner price of £38.76, but there was no 30kg store quote.

European Prices (p/kg.dwt) w/c 04/07/21   Movement on last week

GB SPP                                     157.57             + 0.58

Tribune Spot Bacon                160.70             + 1.00

European Av.                          130.38             – 6.55

Belgium                                   103.89             + 0.06

Denmark                                 123.76             – 4.56

France                                     147.93             – 6.35

Germany                                 127.28             + 0.07

Ireland                                     148.79             + 0.10

Holland                                    122.47             – 4.22

Spain                                       163.06             – 5.49

(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.