This week’s Slaughter Pig Marketing Summary, from Thames Valley Cambac, reported that industrial action at one major caused some disruption, and the subsequent rolling boosted supplies into a pretty flat market.
Demand still languished but supplies generally improved, with average weights also up a touch. All the majors stood on with their contract contributions, but contract prices improved as the SPP continued to rise, adding another 0.78p at 151.64p.
The fresh meat market was little changed – buoyed by some barbecue trade, but steadied by lack of sales of other cuts. The cull sow market took a major knock as the exporters saw a large fall in their continental markets. In Europe, the German market fell six euro cents, following the news that it had lost the ability to export to the Philippines due the discovery of 250kgs of Polish meat in a consignment sent in June.
The euro was little changed and ended the week up 0.08p at 89.78p. Finally, the worrying news that some meat and meat products seized by officials on the border of Eire and Northern Ireland in June this year has tested positive for ASF. This is a stark reminder of how ASF can remain active in meat and meat products, and transported around the world by naive people.
It is hoped that the representations by the NPA and others to MP’s and Border Control officials gets the message across of the need for stricter controls at all points of entry into this country.
The Weaner Marketing Summary, for week commencing July 7, reported that demand was weak again with some fatteners viewing yard space as more valuable for storage as harvest time approaches than fattening pigs in.
Supplies continued to outweigh demand, with little interest outside contract commitments. The prices announced by the AHDB saw no quote given for a 30kg store pig, and the weighted average for a 7kg weaner rise by 17p to £37.83p.