DAPP to cease in September
DAPP to cease in September
The BPEX Board has confirmed the date the Deadweight Average Pig Price (DAPP) will cease to be published will be Wednesday 1 October, for the week ended Saturday 27th September 2014.
This follows the introduction of the two new pig price series reported by BPEX, the Average Pig Price (APP), which began in April 2014 and the Standard Pig Price (SPP), first published in July.
At the time, the BPEX Board agreed the DAPP would continue to be published for a period of six months to allow the industry time to understand the new prices.
SPP data going back to April 2014 has now also been published on the BPEX website in the Prices, Facts and Figures section. The SPP is a voluntary survey of pig abattoirs’ price data but, unlike the DAPP, only standard pigs are included in the SPP.
Standard pigs are those which don’t attract an explicit premium for a specific attribute such as breed, feeding regime or a production system such as Freedom Foods. The APP covers both standard and premium pigs, but data is collected from sellers rather than buyers.
AHDB Head of Data and Analysis, Charlotte Garbutt, said: “The SPP and the APP provide two valuable pig price data series which are important to keep the industry fully informed about historical pig market price trends.
“Now the APP and SPP are established, there is a transition period in which the DAPP will continue to be published alongside them until the end of September.”
Data for the DAPP, APP and SPP are available at: www.bpex.org.uk/prices-facts-figures/pricing/StandardPigPrice.aspx
