UK Launches New Pig Price Reporting System16 April 2014
UK - The new All Pigs Price (APP) is published for the first time today, 16 April, and it will run in parallel with the DAPP for six months.
The GB APP will have the same specification as the DAPP but data will be collected from sellers rather than buyers as at present.
The BPEX Board decided to make the change following the alterations in the DAPP sample at the start of this year.
The GB APP has been constructed using the same sample specification as the current DAPP and is based on individual pig data that includes the gross price (before deductions) and weekly paid bonus payments.
Publication of the GB Standard Pig Price (SPP) has unfortunately been delayed. Industry discussions are ongoing and they will have to be concluded before the SPP can be published.
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