Positive signs as pig prices rise in the UK and Europe

Published 2023년 2월 6일

Tridge summary

Pig prices in the UK are on the rise due to decreasing supplies and an increase in EU prices, with the SPP reaching a record high of 204.78p. The market is under pressure as pork remains one of the best value proteins, despite fewer pigs and fewer sales. The highest price for pork in Europe was reported in France at 221.07p/kg.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

There are more positive signs for pig producers, as prices continue to increase on the back of tightening supplies and rising EU prices, according to Thames Valley Cambac. In its latest market report, TVC said it held a well-attended producer meeting in York earlier last week, at which the need for European prices to strengthen in order to further bolster the UK market was highlighted. “This was followed with the welcome news that the German market had lifted 8 Cents or just under 19p/kg behind our current SPP level, a well-received message that tightening supplies brings change more into focus, putting pressure up the supply chain in continuing with upward pricing challenges through to the end consumer,” it said./ “However, focus should also be on the fact that pork is still one of the best value proteins!” Pig numbers remain tight again for this week with some businesses still trying to catch up with lower weights. Factories are balancing having less stock, with just over ...
Source: PigWorld

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