Pig World
  • News
      • Animal Health
      • Breeding
      • Business
      • Environment
      • EU
      • Food Safety
      • Housing
      • Marketing
      • NPA
      • National Pig Awards
      • New Products
      • Nutrition
      • People
      • Pig Fair
      • Politics
      • Training & Education
      • Welfare
  • Features
    • Animal Health
    • Breeding
    • Environment
    • Farm Visits
    • Herd Recording
    • Housing
    • Marketing
    • Nutrition
    • Products
    • Training
  • Comment
    • AHDB Pork
    • Chris Fogden
    • Dennis Bridgeford
    • Peter Crichton
    • Red Robin
    • Veterinary View
    • Zoe Davies, NPA
  • Numbers
  • Pig Prices
  • Magazines
    • Pig World – November 2023
    • National Pig Awards Supplement 2023
    • October 2023
    • September 2023
    • Health Supplement
    • August 2023
    • Pigs Tomorrow Supplement
    • July 2023
  • Suppliers
  • Jobs
    • Browse Jobs
    • Post a Job
    • Manage Jobs
  • Equipment
  • Events
    • Pigs Tomorrow
    • National Pig Awards
Subscribe Podcast
Pig WorldPig World
  • News
      • Animal Health
      • Breeding
      • Business
      • Environment
      • EU
      • Food Safety
      • Housing
      • Marketing
      • NPA
      • National Pig Awards
      • New Products
      • Nutrition
      • People
      • Pig Fair
      • Politics
      • Training & Education
      • Welfare
  • Features
    • Animal Health
    • Breeding
    • Environment
    • Farm Visits
    • Herd Recording
    • Housing
    • Marketing
    • Nutrition
    • Products
    • Training
  • Comment
    • AHDB Pork
    • Chris Fogden
    • Dennis Bridgeford
    • Peter Crichton
    • Red Robin
    • Veterinary View
    • Zoe Davies, NPA
  • Numbers
  • Pig Prices
  • Magazines
    1. Pig World – November 2023
    2. National Pig Awards Supplement 2023
    3. October 2023
    4. September 2023
    5. Health Supplement
    6. August 2023
    7. Pigs Tomorrow Supplement
    8. July 2023
    Featured

    National Pig Awards Supplement 2023

    October 31, 2023
    Recent

    National Pig Awards Supplement 2023

    October 31, 2023

    Pig World – November 2023

    October 31, 2023

    Pig World – October 2023

    October 4, 2023
  • Suppliers
  • Jobs
    • Browse Jobs
    • Post a Job
    • Manage Jobs
  • Equipment
  • Events
    • Pigs Tomorrow
    • National Pig Awards
LinkedIn X (Twitter)
Pig World
Marketing

The Long and Winding Road

Matt PeskettBy Matt PeskettSeptember 8, 20173 Mins Read
LinkedIn Twitter Facebook Email

The SPP continues to drift downwards albeit at a fairly slow rate dropping by .49p this week to 164.17p.

As reported recently, spot prices are continuing to lag behind contract and with more pigs about demand described by one wholesaler as ‘fickle’ (or I think that’s what he said!). Regular spot sellers were able to achieve prices in the 156p to 160p range but one-off loads were harder to clear with bids in the 150p region in some cases.

Weekly contribution prices are also following the downward track of the SPP losing between 1-2p and most are now within the 155p-161p range.

The Euro has also been drifting in value slightly, trading on Friday worth 91.34p compared with 92.06p a week ago but fortunately cull sow quotes have remained at similar levels with most buyers bidding in the 96p-98p range according to load size. German pig prices have also remained at similar levels with the latest producer price quoted at €1.70EU for the 9th week running.

Weaner prices are also tending to reflect slightly tighter margins for finished pig production with the latest AHDB 30kg ex-farm average easing to £60.31 and the 7kg price also down a touch to £44.42 and it is probably fair to say that most spot trades have been at less money than contract which has not been the case for several months.

Cereal prices to some extent hardened in places with smaller stocks of wheat and barley on UK farms at the end of June with wheat down by 48% and barley was 33% lower.

Feed prices on the LIFFE market have ended the week little changed with November traded at £140.50/t, March at £145.30/t and July at £149.15/t.

UK protein prices have remained at generally similar levels with 48% soyameal trading ex Liverpool at 296/t and 34% rapemeal trading ex Kent at £164/t.

It remains to be seen however, what effect the recent apolyptic weather conditions in parts of the US will have upon the feedstock market but it looks as though coconut crops will be hit harder than cereals.

And finally, something of a storm warning from the AHDB concerning rising supplies and the prospect of prices coming under pressure in the next few months although the weak pound is continuing to support the UK pig meat price.

According to AHDB Pork estimated UK slaughterings are up by 7% and EU reference prices have also started to fall but the position is certainly a lot better than it was than this time two years ago, when the SPP stood at 131.45 and the sow price was 59p.

Hopefully we are still in a glass half full rather than a nearly half empty situation…….we shall see.

Share. LinkedIn Facebook Twitter Email
Previous ArticleNFU calls for flexible approach to post-Brexit labour problem
Next Article Home-grown food must be at the heart of post-Brexit Britain, NFU says
Matt Peskett
  • Website

Read Similar Stories

Reminder: Proof of vet visit required from December 13

November 29, 2023

Straw prices for the week ending December 3, 2023

November 29, 2023

NFU appoints consultants to carry out review into Red Tractor governance

November 28, 2023
Latest News

Reminder: Proof of vet visit required from December 13

November 29, 2023

Straw prices for the week ending December 3, 2023

November 29, 2023

NFU appoints consultants to carry out review into Red Tractor governance

November 28, 2023
Sponsored Content

Porcine Circovirus: Is Clinical Disease Just the Tip of the Iceberg?

November 1, 2023
Current Pig Industry jobs
  • Pig Stockperson – Ref 1471 Norfolk

    • Norfolk
    • Roadhogs Recruitment Ltd.
    • Full Time
  • Senior Pig Stockperson – Ref 1470 Northamptonshire

    • Northamptonshire
    • Roadhogs Recruitment Ltd.
    • Full Time
  • Entry-Level Pig Stockperson – Ref 1469 Suffolk

    • Suffolk
    • Roadhogs Recruitment Ltd.
    • Full Time
GETTING IN TOUCH
  • Advertise
  • Contact Us
  • Meet The Editors
  • About Us
  • Email Newsletters
OUR SOCIAL CHANNELS
  • Twitter
  • LinkedIn
PARTNER EVENTS
RELATED SITES
  • Farmers Weekly
  • Agronomist & Arable Farmer
  • Farm Contractor
  • National Pig Awards
  • Pigs Tomorrow
  • Poultry News
  • Privacy Policy
  • Cookie Policy
  • Terms and Conditions
© 2023 Lewis Business Media. All Rights Reserved | Lewis Business Media, Suite A, Arun House, Office Village, River Way, Uckfield, TN22 1SL

Type above and press Enter to search. Press Esc to cancel.