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Producer share of retail price remains high in August

Chloe RyanBy Chloe RyanSeptember 21, 20171 Min Read
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An in-pen weigher, a hot topic at the Pigs 2022 conference

The share of the pork retail price received by producers in August decreased by 0.1 percentage points on the month to 43.9%.

This follows a peak since records began in July, but it still remains higher than June levels. The current share is nearly 22% (7.8 percentage points) higher than that of August 2016.

The average farm price fell by a nominal 0.08p/kg to 167.82p/kg after a period of consistent rises since February. Meanwhile, the average retail price continued to increase, by 0.6p/kg to 382.2p/kg; the highest figure observed since January, accounting for most of the marginal decline in producer share.

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Regarding individual cuts, developments were mixed in August. Most notably, fillet end leg was 8% more expensive in comparison to the same month of 2016, and rose 1% on July figures. The minced pork price increased 2% month on month, but remained 4% cheaper than year earlier levels.

Diced pork, loin chops and pork shoulders all increased 1% on the month previous, while the price of pork fillets grew 2%. Pork leg (boneless) was the only cut that failed to remain stable or advance on July figures, declining by 1%.

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