21 Jun 2022
Pork demand lukewarm, despite barbecue weather
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Despite the obvious excellent barbecue opportunities encouraged by the current warm spell, demand was surprisingly subdued from many of the majors last, according to Thames Valley Cambac.
Processor price contributions stood on, but other market fundamentals, such as SPP – up 2.53p at 183.10p, helped to appreciate Q prices, TVC said in its latest market update.
“The fresh market trade bucked the trend, encouraged by good footfall, and saw price improvements in most outlets,” TVC said.
“The cull sow market improved a penny due to currency, but European markets were described as awash with pig meat, but price quotes in sterling appreciated as a stronger Euro ended the week up 0.50p at 85.55p.”
Alistair Driver / Pig World
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