Stability in the market as processors plan for post-Easter lockdown easing

There was little change in the market last week, with most processors concentrating on post-Easter and the possible relaxation of lockdown restrictions according to Thames Valley Cambac.

Demand generally improved again, although supply exceeded it in some quarters, TVC said in its weekly market update.

TVC reported ‘a further positive sign’ that most of the majors are planning full kills both weeks covering the two Bank holiday weeks of Good Friday and Easter Monday.

In terms of the current market situation, TVC added: “Slaughter weights generally eased slightly, although there are odd producers still way up on normal. Although demand improved in the fresh meat market, prices were similar. The cull sow market stood on price-wise, and supplies were a touch more plentiful.”

In Europe, the Netherlands caught up with its near neighbours adding another 9 eurocents, and there were decent rises in Denmark and Spain. Most other countries stood on but price quotes in sterling were compromised slightly by a further weakening Euro that ended the week down 0.07p at 85.76p.

In the UK, weaner demand continued to improve for 30kg stores, but 7kgs weaners still struggled with a lack of suitable accommodation a driving factor. There were no weaner or store pig prices announced by AHDB.

European Prices (p/kg.dwt) w/c 21/03/21    Movement on last week

Tribune Spot Bacon                139.93             n/c

European Av.                           132.44             + 3.14

Belgium                                  115.87             – 0.08

Denmark                                 121.10             + 5.65

France                                    138.22             + 1.14

Germany                                 128.64             – 0.11

Ireland                                     135.33             – 0.11

Holland                                    130.87             + 9.50

Spain                                       157.03             + 5.99

(Ref Weekly Tribune)

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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.