Pig prices will go up tomorrow

UK - The sport price for British pigs will move forward slightly tomorrow, according to Traffic Lights, which has tonight set the base price at 96p.

2 January 2003

2 minute read

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National
Pig
Association

THE VOICE OF THE UK PIG INDUSTRY

NPA is active on members' behalf in Brussels & White-hall, and with pro-cessors, supermarkets & caterers – fighting for the growth and pros-perity of the UK pig industry.

Traffic Lights reports seven positive signals for sellers:

NPA have agreed a price package with retailers, which guarantees no leading supermarket will cut the price it pays for British pork during January-February.
Renewed strength of the Euro.
Serious shortage of spot pigs.
Little pigmeat in abattoir chillers.
Slightly firmer AESA this week.
Firmer prices on the continent as Aids to Provide Storage starts to impact.
Few British pigs have been rolled.

According to the Traffic Lights analysts, producers will still have to fight for a sensible price... "but there is no reason why most should accept less than 96p".

Source: National Pig Association - 2nd January 2002