Call for industry to rally round each other as supply chain blockages show no sign of easing

Last week saw no improvement in the supply chain blockages, with the total places offered actually less than the previous week.

“Processors are becoming increasingly entrenched in their view on number allocations, which are wholly inadequate, and the backlog just gets bigger,” Thames Valley Cambac said in its latest weekly market update.

“Couple this with unreliable factories and you have a bleak outlook. Conditions on farm continue to deteriorate with overweight pigs now occupying valuable fattening space.”

“Farmers have the reputation of being resilient but these pressures are now becoming extreme.”

TVC urges the industry, rally round each other – some useful numbers can be found HERE

Contract prices continued to fall last week, due mostly to the record fall in the SPP. This fall was partly accounted for by some pigs entering the sample that were killed and minimally butchered to face a low Asian price. Cull sows continued to trend lower and the European markets seem to be in freefall.

Prices in sterling were compromised by a weaker Euro that ended the week down 0.76p at 84.89p.

Weaner and store movements continue to be heavily constrained by the backlog in the slaughter market. Many yards are still full and now out of sequence with refill plans. There were no prices issued by AHDB.

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

SPP 148.82 – 4.75

Tribune Spot Bacon 149.22 – 2.10

European Av. 107.05 – 3.44

Belgium 82.68 – 2.97

Denmark 95.84 – 4.74

France 124.62 – 4.03

Germany 101.87 – 4.34

Ireland 127.34 – 1.60

Holland 97.96 – 3.02

Spain 119.10 – 4.41

Ref Weekly Tribune

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About The Author

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.