Dioxin scare leaves UK pig prices unscathed
UK - EU pigmeat prices in the Low Countries have been unsettled by dioxin in feed problems which were reported last week in Holland and Belgium.As a result exports to key markets in Korea, Japan and Taiwan have been stopped until food safety issues are resolved.
Pigmeat prices in Holland and Belgium have fallen by an average of 5p/kg ( 34/pig), but pigmeat values in other EU counties have held firm.
GB quotes have also remained virtually unchanged with the Deadweight Adjusted Pig Price moving up a shade to 100.86p/kg.
On the spot market signs of fewer pig numbers in the system were reflected by slightly firmer quotes with bacon bids in the 99-102p/kg range.
Lighter weight cutters continue to earn a premium of 4–6p/kg but are still 3% below values 12 months ago.
The cull sow market is also lower with export abattoirs quoting in the 74–77p/kg range, down 8p on the February 2005 position.
Source: FWi
15 February 2006
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