The Slaughter Pig Marketing Summary from Thames Valley Cambac says that factory reliability improved a touch this week, although the increased throughputs that some processors are attempting are causing issues in some cases. Supply plateaued, but pull forwards for Christmas commenced at some processors helping overall numbers to improve.
Demand was steady, however, with a general malaise being seen in many of the majors. There was very little sign of improved autumn demand that we should be seeing at this time of year. All price contributions stood on so contract prices were little changed.
Demand from the fresh meat market remained poor, with competition from imports in evidence in many parts of the country. The cull sow market stood on, indicating some welcome stability on the continent. In Europe, the only major mover was Spain which lost another 3 eurocents, to bring that market closer in line to its near neighbours.
All quotes in sterling were enhanced, however by a stronger Euro that ended the week up 0.38p at 88.02.
In the Weaner Marketing Summary, for week commencing October 14, the market remained in a very difficult state with little demand for any stock over and above contracted numbers.
There were some batches on offer from breeder feeder operations, but very low price quotes persuaded sellers to rethink. The prices announced by the AHDB saw the weighted average for a 30kgs pig rise by £5.52 to £52.16 and the weighted average for a 7kg rise by £1.48 to £37.55.