TRAFFIC LIGHTS BASE
(EVERY THURSDAY EVENING)
March 21, 2019
March 17, 2019
Damage caused by storm Gareth curtailed processing at one major causing pigs to be rolled down and out of this week. Supply volumes however remained manageable, although weights on some farms continue to be stubbornly high.
Demand was fickle with some processors cutting their kills again. Prices however were a strong stand-on, with all contract contributions the same as previous and the SPP increased for the first time in eight months.
The fresh meat market saw little noticeable uplift despite the promotional efforts of National Butchers Week, and demand remained weak.
The cull sow market held top spot again with prices increasing 2p on the back of better continental trade.
In Europe, good gains were seen in many countries, including France, up 6 eurocents, Belgium and Spain, up 4, and Germany up 3. Price quotes in sterling were tempered however by the continuing weakness in the Euro that ended the week down 0.49p at 85.41p.
WEEKLY TRADING REPORTS
Thames Valley Cambac
ABOUT TRAFFIC LIGHTS
Traffic Lights is available to British pig producers on Thursday nights, advising next day's spot price sentiment. The Traffic Lights spot base provides sellers who have one-off loads of spot pigs (as opposed to regular weekly supplies) with a realistic minimum base price. In many cases it should be possible to achieve premiums over base. During periods of oversupply the Traffic Lights price will be well below contract levels but the reverse applies when pigs are short, when spot base will be well above contract rates.
PIG PRICE BAROMETER
Updated MARCH 21, 2018
EUROPEAN AVERAGE PIG PRICE
Week 11, 2019.
BRITISH PIG PRICES
The independent British pig industry news and price reporting site, compiled by Digby Scott and Peter Crichton