Pork processors continued to suffer problems last week, meaning little progress is being made in eating into the pig backlog, according to Thames Valley Cambac.
Many processors suffered issues of one form or another, from machinery failures to staff absenteeism, which culminated in yet another week of underperformance. COVID-19 was still in evidence with the announcement on Friday of a large processor having to go on short kill for a fortnight after an outbreak amongst factory staff, TVC said in its latest weekly update.
“Pig supply remained ample and average weights showed little sign of easing – the cold snap does not seem to have slowed pig growth,” TVC said.
Prices were similar and all contract contributions stood on. The fresh meat market continued to
languish with little spark from anyone.
“Cull sows were a stronger however, on the back of improvements in the continental markets, and prices generally 5p better. In Europe, Belgium gained 9 eurocents but from a very low base due to being officially free of ASF.
Spain was the best of the rest with a rise just shy of 5 eurocents. Price quotes in sterling were compromised however by a much weaker Euro that ended the week down 1.24p at 86.51p.
Weaner demand remained pretty fickle with the slaughter backlog, feed and pig pricing, and straw availability all dampening attempts at trade. Supplies remained tight, however, with production curtailed on some units by autumn infertility.
There were no weaner or store price quotes issued by the AHDB.
European Prices (p/kg.dwt) w/c 21/02/21 Movement on last week
Tribune Spot Bacon 139.93 n/c
European Av. 114.59 + 0.37
Belgium 92.12 + 6.65
Denmark 110.50 – 1.61
France 126.23 – 0.24
Germany 104.67 + 0.25
Ireland 133.05 – 4.02
Holland 103.20 – 0.70
Spain 132.34 + 2.29
(Ref Weekly Tribune)