The market was disrupted by two major breakdowns last week, including a fire in a processor control room that rendered its butchery out of action.
“The hot weather suppressed pig growth, so, while entries for this marketing week were enhanced by rolled pigs, supplies were generally in harmony with a weaker demand,” Thames Valley Cambac said in its latest market update.
Processor price contributions stood on again, but prices improved, helped by another good rise in the SPP, up 1.98p at 193.09 last week. The fresh meat market was more subdued as demand slumped in the record temperatures experienced countrywide.
Cull sow numbers were a touch more plentiful, and prices improved a penny due to currency. European markets stood on and prices in sterling appreciated due to a stronger Euro, which ended the week up 0.15 at 85.14p.
Weaner movements were limited to stock under contractual arrangements, with scant interest from fatteners for anything else. The current feed/slaughter price scenario does little to encourage participants back to the market, TVC said. AHDB announced a 7kg weighted average weaner price at £47.50, but there was no 30kg store pig quote.
UK and European prices (p/kg) w/c 24/07/22 Movement on last week
SPP 193.09 + 1.98
Tribune Spot Bacon 198.96 + 1.46
European Av. 160.32 + 0.29
Belgium 143.72 + 0.26
Denmark 129.24 + 0.23
France 190.63 + 0.94
Germany 157.51 + 0.28
Ireland 170.28 + 0.30
Holland 145.51 + 0.27
Spain 185.78 + 0.42
(Ref Weekly Tribune)