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Pig Producer Share of Retail Price Down in September

12 October 2015

British Pig Executive

UK - Falling farmgate prices throughout September led to the share of the retail price received by producers declining to 35 per cent.

Farmgate prices dropped by over 1 per cent during the month, recording the largest change since March this year.

Average retail prices remained unchanged from August, although they continue to be 2 per cent behind the corresponding time period in 2014.

The producer share of the retail price is five percentage points below the figure for 2014, as farmgate prices have recorded a much steeper fall than retail prices.

Retail pork prices remained stable overall during September, with marginal changes recorded on a variety of different cuts.

Minced pork showed the largest increase of 4 per cent , with boneless leg (+2 per cent ) also increasing.

Fillet of pork (-4 per cent ), boneless shoulder (-3 per cent ), traditional pork sausages and loin chops (both -1 per cent ) all recorded decreases in price.

Overall, the average retail prices across all the cuts monitored by AHDB MI were 0.4 points back on the year earlier.

However, loin steaks and boneless shoulder were 8 per cent and 5 per cent cheaper respectively, while fillet end leg was 7 per cent more expensive. Smaller movements were recorded for other cuts.

 

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