Pig meat price levels out

by 5m Editor
7 August 2006, at 4:49pm

UK - The recent pig price rally has levelled out as the average deadweight price moved only marginally higher to close at 107.64p this week.

The spot market also appears to have hit a plateau after rising throughout most of the summer. Spot bacon prices are up to 115p/kg and bids between 113-114p are commonplace.

The sow market is also holding firm with EU buyers reporting a lack of supplies rather than strong demand. As a result UK cull sow abattoirs were generally quoting in the 80p/kg region compared with 75 – 76p this time a year ago.

Source: FWi

5m Editor