Trade continued to drag its feet last week, with little impetus from any of the majors, according to Thames Valley Cambac.
“The majority of the major processors are on reduced kills due to a combination of poor demand, staff holidays, and major maintenance/infrastructure projects, so they have little inclination to catch up when factories break down,” TVC said in its latest market update.
“Only severe unreliabity forced some into Saturday killing – otherwise the roll into this trading week would have been even greater.”
“Supply continued to improve, as did average weights – anecdotally, pigs seem to be growing exceptionally well at the moment.”
All contract contribution stood on, but the SPP fell back 0.84p to 163.84p, affecting many price calculations.Read full article Share on twitter