Firmer prices ahead for pig meat

UK - Pig meat spot prices have maintained recent levels with signs of slightly firmer prices ahead, despite deadweight adjusted pig prices taking a downward step to 105.72p (week ended 17 February).

Spot bacon quotes were generally between 100p, with some abattoirs looking for extra numbers and prepared to pay between 101 – 103p/kg.

Cheap imports, readily available on meat markets at 106p (ex head), are still undercutting the UK market by up to 5% in value.

Reports from Europe of slightly improving pig and cull sow prices might help to take some of these very cheap pigs out of the system soon.

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Source: FWi

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