Pig producers enjoyed their largest share of the retail price since the mid-1990s in July, taking 43%.
According to BPEX figures, the DAPP averaged 168.6p/kg in July, an increase of nearly 2p on June’s figure. The average pork retail price also experienced a monthly increase of 2p and consequently the producers’ share of the overall retail price crept up slightly.
Despite this, pork producers’ share remains well below that received by beef (59%) and lamb (56%) producers during the month. For bacon, where price data is only available up until June, the producer share of the retail price increased to 38%, up 1% on the share in May.
Most pork cuts experienced a small monthly increase in average retail price in July, although fillet end leg, boneless shoulder and diced pork all saw price declines. The largest monthly decrease was for fillet end leg (-6%) while pork fillet increased by the largest proportion of 2%.
Compared with 2012, prices for all cuts had increased by 4% on average. The biggest price increase was for boneless shoulder (+7%), with traditional sausages and diced pork up by a similar proportion. The slightest increase (+1%) was experienced by minced pork.