Standard pig price in United Kingdom ends the year at a new record high

GB deadweight pig prices saw marginal gains in December with the EU-spec SPP averaging 200.59p/kg for the four weeks ending 31 December, up 0.29p/kg compared to the previous 4-week period. Prices increased each week with the SPP reaching a new record high of 201.24p/kg in the final week of the year. The APP however recorded a marginal decline, averaging 204.68p/kg for the four weeks ending 24 December, down 0.36p/kg compared to perivous period. Weekly movements were mixed with stability in week 1 and growth in week 3 outweighed by declines in weeks 2 and 4. Estimated GB slaughter for the four-week period totalled 666,300 head. As to be expected with the reduced kill over the festive period, this is a significant drop (-71,500 head) compared to the numbers seen in the previous 4-week period and is the lowest kill recorded in the last 12 months. However, this fall in numbers was not evenly distributed. Weeks 1 and 2 saw an increase in numbers coming forwards but ...