The share of pork retail prices returned to producers in January remained “healthy” according to AHDB Pork, settling at 40% for the month.
“This represented a small fall of less than half a percentage point on December,” said AHDB Pork, while pointing out that in comparison to January 2016 the share was up by 8%, due to prices being substantially higher now than they were 12 months ago.
Retail pork prices for most cuts were static on the month during January, though a few exceptions showed small increases. Minced pork and pork fillets showed price increases of 2%, while loin chops rose by 1%.
Relative to January 2016, price movements were more mixed. Diced pork, minced pork and loin steaks were all back in price by 5%, 4% and 3% respectively, while traditional pork sausages were only 1% cheaper.
Conversely, leg cuts were more expensive, with fillet end leg up 5% on the year, while boneless leg was up 3%. A similar increase was seen for boneless shoulder. Pork fillets rose by only 1%, however, while loin chops remained stable on the year.