UK pork prices soar

This is the second increase in pork prices since early September 2024, despite a 3p/kg fall over the previous 14-week period. The APP premium pork price fell 1.7p/kg in the week ending 7 December 2024 to 207.98p/kg, erasing the gains made in the past two weeks. The gap between the APP pork price and the SPP has narrowed to 1.88p/kg. EU pork prices have been stable in recent weeks, with the EU pork reference price (S grade) rising slightly for the third consecutive week to 164.25p/kg in the week ending 8 December 2024. The gap with UK prices has narrowed slightly but remains at 42.4p/kg. Pig production has increased significantly in the run-up to Christmas, but the GB pig slaughter figure for the week ending 14 December 2024 is estimated to have fallen by 7,700 head to 176,174 head. This is still 14,500 head higher than the same week last year but nearly 35,000 head lower than the same week in 2022. AHDB’s pig slaughter estimate has been revised upwards by around 2,000 ...