According to the Agriculture and Horticulture Development Board (AHDB), the “downward yo-yo pattern” in GB finished pig prices continued during the week ending 6th November.
At 146.47p/kg, the average price measure was 1.80p higher than the week before but more than 5p below the five-year average for the time of year.The AHDB said that the “volatile pattern” reflects changes in the number of low-priced pigs intended for export with minimal butchery in the sample each week.
The Board also reported that EU prices have continued to ease in recent weeks. The large price differential between UK prices and EU prices continues “to drive a general downward trend in the British market.”
Carcase weights remain high and averaged 91.76kg during the week, more than 4kg higher than a year earlier. According to AHDB, slaughtering all market-ready pigs remains a challenge. Provisional estimates for slaughter in recent weeks suggest that the number being processed is not improving.
This story was originally published on a previous version of the Meat Management website and so there may be some missing images and formatting issues.
