Price erosion: Farmers getting 35 less than last year

by 5m Editor
1 October 2007, at 11:59am

British pig producers are getting less for their pigs now than a year ago with price erosion amounting to just over 35 per pig, according to the latest edition of MLC's Pig Market Trends.

Since the first confirmed outbreak of FMD in early August, the Deadweight Average Pig Price (DAPP) has been steadily eroded as abattoirs cope with a backlog of animals resulting from the initial interruption in movement direct to slaughter.

The DAPP recorded five consecutive weekly falls during August, from 109.99p per kg in the week ended 4 August, to 108.52 per kg in the week ended 8 September, and the year-on-year premium over the 2006 price has now been completely eroded.

This month's edition of Pig Market Trends also includes a special report evaluating the basis for successful pig production, a look at the most recent retail prices and a review of current pork consumption trends in the UK.

Pig Market Trends is a monthly publication produced by MLC Economics' team of analysts, focusing on developments in the pig industry both at home and abroad.

This publication is part of a wide portfolio of publications and services produced for the red meat industry by MLC Economics' team of analysts. Annual subscriptions start at £50.

5m Editor