Weekly pig prices and slaughter data for Great Britain.
The EU-spec SPP lost a further 1.07p to stand at 181.25p/kg during the week ended April 4, as the steady decline continues.
The SPP has now lost nearly 16p in 14 weeks of uninterrupted decline since the start of the year and is 23.5p below the same week last year and at its lowest point since June 2022.
After recent improvements in major EU markets, the latest Tribune roundup showed no change across the board last week.
The headline gap between UK and EU pig prices has been closing since it hit an all-time high of 70p in January. The latest available EU grade S reference price, 143.85p/kg for the week ended March 22, was 45.5p below the equivalent UK price and that gap will have closed further over the past fortnight.
AHDB’s estimated GB clean pig slaughterings stood at 156,230 head during the short pre-Easter week ended April – unsurprisingly, 14,500 down on the previous week and 9,500 below year-earlier levels.
After two weeks on the rise, average carcase weights dropped back by 0.53kg to stand at 94.78kg, the lowest figure since the first week of this year but still 3.4kg above year-earlier levels.
London feed wheat futures were quoted by AHDB on April 1 at £173/t for May, similar to last week, and £180/t for July, £3 up on last week.