Pig producers are currently getting their best share of retail prices for ten months, according to AHDB Pork.
“The sustained recovery of GB pig prices since the spring has come at a time when retail pork prices have been fairly stable,” said AHDB Pork. “As a result, the share of the retail price received by producers has risen from a low point of 30% to reach 35% in July.”
While this is the highest figure since last September, however, it’s still well below the 40%+ share received by producers for much of 2014.
Although overall retail prices were stable in July, there was some movement for individual cuts, according to AHDB’s retail price survey.
Loin steaks were 4% cheaper than in June, for example, while pork mince was 2% more expensive.
Compared with July 2015, prices for all monitored cuts were lower this year with the biggest falls being seen with boneless shoulder, down 9%, loin chops, -7%, steaks, -6%, and traditional pork sausages, also -6%.