Major Strides in Pig Pricing
UK - The old style of pig pricing information, the AESA, is to be phased out by next Spring following a decision by the British Pig Executive (BPEX).
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At a meeting yesterday (Tue) BPEX members decided the end of March next year would be the shut off date for the old system.
It has been replaced by the much more robust DAPP (Deadweight Average Pig Price) producing information based on a larger sample providing even more accurate information for pig producers and processors. BPEX Chief Executive Mick Sloyan said: “The AESA has served the industry well but the DAPP is the new and improved version which provides much better information and is of greater use to all.
“We agreed when DAPP was first launched that the two would run side by side until people had got used to them.
“Now the time has come to switch over completely to DAPP, but we are giving the industry as much notice as we can so the necessary adjustments can be made.“
A full briefing on the impact of DAPP, which is updated every Wednesday lunchtime, is available on the BPEX website at www.bpex.org.uk.
Source: BPEX - 28th November 2003
