GB pig prices: edge up as slaughter numbers slip

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In May the EU spec SPP averaged 211.19p/kg, an increase of 0.29p from April.

Weekly movements varied during the period with small declines recorded in the week ending 04 and 25 May. However, these were counteracted by increases through the rest of the month, with notably larger increases in weeks ending 18 May and 01 June to currently sit at 211.39p/kg. This has resulted in the SPP continuing to sit in the range of 210-212p/kg since the end of January.

The EU spec APP stood at 213.71p/kg in the week ending 25 May, gaining 2.42p since the end of April, although weekly changes have fluctuated in size, they have been positive with the exception of w/e 4 May. The APP has remained relatively stable since the end of December 2023, sitting in the range of 210-213p/kg.

Both the price series are sitting below year ago levels by around 10p/kg for the SPP and 6p/kg for the APP.

 

Soumya Behera | AHDB

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