‘Shocking’ factory reliability again blights efforts to up pig throughput – TVC

Factory reliability was ‘shockingly bad’ last week, frustrating attempts by the supply side of industry to get
on top of the backlog, according to Thames Valley Cambac (TVC).

“Patience is wearing thin amongst producers and hauliers alike, as factories limp from one crisis to the next,” TVC said its latest market update.

“Prices eased back and the SPP fell to a 3-year low, down 1.28p at 137.49p. Producer worries increased as costs soared on the back of record highs in wheat, fuelled by the crisis in Ukraine.

“Fresh meat sales were very poor, with minimal demand reported from many outlets. The only ‘bright’ spot of the day was another improvement in the cull sow price. The green shoots of recovery are now showing strongly in Europe – Germany +7 eurocents, Holland +10, Belgium +9 and Spain +5. The Euro strengthened and ended the week up 0.32p at 83.74p.

“The weaner market remains badly compromised by the slaughter backlog. Unit turnarounds are delayed and the ensuing backup on breeding farms are causing some major headaches.”

AHDB announced a 7kg weaner weighted average price of £33.95.

European Prices (p/kg.dwt) w/c 27/02/22   Movement on last week

GB SPP                                   137.49             – 1.28

Tribune Spot Bacon                137.62             n/c

European Av.                          110.03             + 4.33

Belgium                                  94.63               + 7.95

Denmark                                 91.11               + 0.18

France                                     129.21             + 1.90

Germany                                 110.54             + 6.26

Ireland                                     118.91             + 0.45

Holland                                   99.90               + 8.88

Spain                                       127.20             + 4.73

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.