Last week was marred by continued disruption at many plants caused by staffing shortages, with the upshot of curtailed demand from most of the majors, according to Thames Valley Cambac.
“The staffing issues seem to be twofold – isolation due to Covid or close contact, and the recent exodus of EU workers following the Settled Status deadline at the end of June,” TVC said in its latest market update.
Supplies continued to back up on farm, and average weights are increasing. Contract prices appreciated slightly and contract contribution quotes stood on.
The fresh meat market remained quite buoyant with decent demand from many, and prices were similar. The cull sow was well supplied and prices stood on.
European markets were varied, with Spain losing another 5 eurocents, but Germany and Belgium standing on. Prices quotes in sterling were enhanced by a stronger Euro that ended the week up 0.24p at 85.54p.
Supplies of both 7kgs weaners and 30kg stores were ample, but there was minimal interest for any batches outside contract arrangements. Prices remained subdued. There were no price quotes issued by AHDB.
European Prices (p/kg.dwt) w/c 26/07/21 Movement on last week
GB SPP 160.66 + 0.78
Tribune Spot Bacon 161.30 n/c
European Av. 126.86 – 0.83
Belgium 103.34 + 0.30
Denmark 116.17 – 1.97
France 138.07 – 0.11
Germany 121.47 + 0.35
Ireland 144.57 + 0.42
Holland 117.54 – 0.94
Spain 146.62 – 4.10
(Ref Weekly Tribune)