Pork plants continued to suffer multiple issues last week, resulting in another ‘shoddy processing week’, according to Thames Valley Cambac.
This did nothing to assist with moving the growing number of slaughter pigs left on farm, with many pigs are now in overweight category, TVC said in its latest market update.
This was reflected in the latest SPP, which suffered it’s largest weekly fall in four-and-a-half years and recorded an all time high average weight of 90.42kgs.
“The fresh meat market was quieter all round with the latest national lockdown reducing highstreet footfall. The cull sow exporters managed to arrange smallish kills to test the new arrangements at Calais but volumes were minimal,” TVC said.
European prices stood on, but price quotes in sterling were eroded by a weaker Euro that ended the week down 1.13p at 89.00p.
“Weaner placings remain under pressure with many planned moves now disrupted. Most breeders have been pretty adept up to now in coping with changed schedules, but there is a strong possibility that the situation will deteriorate further,” TVC added.
There were no prices quoted by the AHDB.
European Prices (p/kg.dwt) w/c 17/01/21 Movement on last week
Tribune Spot Bacon 143.75 – 2.13
European Av. 114.66 – 1.46
Belgium 82.07 – 1.04
Denmark 113.62 – 1.44
France 128.26 – 1.63
Germany 105.91 – 1.34
Ireland 140.79 – 1.79
Holland 105.28 – 1.34
Spain 126.28 – 1.61
(Ref Weekly Tribune)