Demand for pork remains shorter than supply continues, against expectations given the time of year. with the festive season starting to feature on the horizon, according to Thames Valley Cambac.
“Buyers historically had a plan to pull stock forward, but currently the plan seems to be working from week to week with few signs of any additions emerging currently,” TVC said in its latest market update.
Prices across the board remain relatively unchanged, other than a fractional positive adjustment of +0.34 in pricing that includes an element of SPP last week. The German market prices stood on, after the previous weeks 10 eurocent fall.
Nothing has indicated demand has improved in Europe, either, reflected as the UK sow market dropped 1p, with the euro now at 86.12p, 1.61p down on the previous week.
Weaner and store markets continue to see little change again this week, with an insignificant number moved outside contractual agreements, not enough for an AHDB data sample to be produced.
UK and European Prices (p/kg) w/c 30/10/22 Â Â Â Â Â Â Â Â Movement on last week
SPP Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 200.43 Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â + 0.34
Tribune Spot Bacon               204.48                        n/c
European Av. Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 167.25 Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â – 1.95
Belgium                                  146.49                        – 2.74
Denmark                                143.48                        – 2.76
France                                    197.82                        -10.10
Germany                                163.63                        – 3.05
Ireland                                    180.85                        -3.38
Holland                                   150.45                        -7.72
Spain                                      167.25                        – 1.95
(Ref Weekly Tribune)