Producer Share of Pork Retail Price at 10-Month High
UK - The sustained recovery of UK pig prices since the spring has come at a time when retail pork prices have been fairly stable. As a result, the share of the retail price received by producers has risen from a low point of 30 per cent to reach 35 per cent in July.
22 August 2016
2 minute read
By: This was the highest figure since last September and almost the same as in July 2015. Nevertheless, it remains well below the 40 per cent+ share received by producers for much of 2014.
While pig prices in July were still 5 per cent lower than the same month last year, retail prices had also fallen by the same percentage, on average.
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Although overall retail prices were stable in July, there was some movement for individual cuts, according to AHDB’s retail price survey.
In particular, loin steaks were 4 per cent cheaper than in June, while pork mince was 2 per cent more expensive. Prices for diced pork and shoulder rose by a little over 1 per cent but movements for other cuts were smaller.
Compared with July 2015, prices for all monitored cuts were lower this year. The biggest falls were for boneless shoulder (-9 per cent), loin chops (-7 per cent) and steaks (-6 per cent) and traditional pork.
