UK pig prices continue steady decline - AHDB
The UK tracks closely with the EU pricesGB pig prices continue to fall week-on-week, but this decline is steady, according to a recent market report from the UK's Agriculture and Horticulture Development Board (AHDB).
The SPP (EU spec) for the week ending 16 December sat at 214.65p/kg, down by 0.40p from the previous week. This is 14.5p above the price at the beginning of the year but represents a 11p drop from the highs in August. The APP (EU spec) is also falling steadily, sitting at 215.5p/kg for the week ending 9 December. However, this is 1.51p growth from the previous week but follows the overall trend of declining prices since the end of September.
The UK tracks closely with the EU prices which have seen similar declines, but with steeper falls. The EU reference price for the week ending 17 December sat at 181.86p/kg, with a drop of 0.63p from the previous week.