March 4, 2004

 


UK Pig Prices Steady

 

Prices of pigs in the United Kingdom remained generally unchanged last week.

 

A regional spread is opening up between the north and the east, with one or two northern buyers prepared to pay 1-2p/kg more as supplies dwindle.

 

Some isolated spot trades for baconers have reached 108p/kg, but most are in the 103p to 106p bracket.

 

Contract prices have also firmed due to the recent rise in the UK Adjusted Euro-Spec Average, which increased by 1.29p to 100.46p/kg.

 

The Deadweight All Pigs Price rose by 1.1p to 102.44p.

 

Lighter pigs are also edging ahead in places although some of the smaller wholesalers are still complaining that retail demand for fresh meat remains dull.

 

Weaner prices have improved marginally due to a shortage of supplies, with the Meat and Livestock Commission average at £33.28/head ex-farm.

 

Although the Euro continues to slide in value cull sow prices have held their ground between 68p and 72p/kg, and touched 74p in some regions.