World Cup Boost For Pig Meat Prices
07 June 2006UK - European mainland pigmeat prices are continuing to rise on the back of World Cup fever.
German pigmeat prices are now the dearest in mainland Europe in anticipation of higher consumption levels during the tournament and lower cold store stocks.
And the EU big six Mainland Average now stands at €1.47 (equivalent to 100.7p/kg deadweight) and has risen by almost 10% since the start of the year.
During the 1998 World Cup in France, pigmeat prices rose sharply and EU producers are hoping that this pattern will be repeated in just under a week’s time.
Better weather will also improve barbeque demand for spare ribs and pork chops which feature heavily at most barbeques.
UK prices have also maintained their recent rally with the GB Euro Deadweight Adjusted Pig Price moving up to 101.82p/kg.
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Source: FWi
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