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TRAFFIC LIGHTS BASE

(EVERY THURSDAY EVENING)

              May 24, 2018
Traffic

TVC COMMENTARY

MONDAY MAY 21, 2018

Fresh meat market clamours for more bank holiday pork

TVC Supply continued to be extremely tight with many producers scraping around to find sufficient to cover commitments.

Demand was very good although a couple of processors chose to instigate a short week in advance of the bank holiday. Prices improved through the upward movement of SPP, but all contract contributions stood on.

The fresh meat market was in buoyant mood, desperate to source a good number of cutters possibly in anticipation of decent barbecue trade for the forthcoming bank holiday. Prices generally improved by a couple of pence.

The cull sow market saw decent demand leading to a strong stand on price-wise.

In Europe, the impasse between processors and producers in Germany finally gave way, and prices improved 5 eurocents. This was mirrored by Belgium, which tracks very closely to the German market.

All quotes in sterling were tempered however by a weaker euro, which ended the week down 0.68p at 87.32p.


WEEKLY TRADING REPORTS

Thames Valley Cambac
May 20, 2018
(next update — Monday)

Crichton Commentary  
May 25, 2018
N
ext update, Friday

ABOUT TRAFFIC LIGHTS

Traffic Lights is available to British pig producers on Thursday nights, advising next day's spot price sentiment. Traffic Lights is available on this website and (for the time being) on Twitter. 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.

TRAFFIC LIGHTS SPOT VERSUS CONTRACT

Updated MAY 24, 2018

Prices

APP British All Pig Price is a voluntary weekly survey of prices, including quality premiums, reported by pig producers. SPP British Standard Pig Price is a voluntary weekly survey of prices paid by pig abattoirs for standard non-premium pigs. TL SPOT Traffic Lights Spottlspot.co.uk — provides sellers with a realistic minimum base price for one-off loads of spot pigs.


EUROPEAN PRICES

Better late than
never... European
average pig price
starts to recover

Thursday May 24, 2018

Prices

Above: European Union average pig price in Week 20, 2018.

In Week 20 we saw the European Union average pig price starting to recover from its recent falls. There are more increases to come, but they will be very modest, we think.

Prices

BRITISH PIG PRICES


tlspot.co.uk
2018 BRITISH HEADLINE PRICES
▼ SPOT PRICE ▼ PRICES COMPILED BY AHDB
tlspot.co.uk
Traffic Lights base

Week

APP

SPP
††
May 24 153      
May 17 152 May 19   147.94
May 10 150 May 12 150.13 147.21
May 3 145 May 5 149.64 146.62
April 26 143 April 28 148.76 145.82
April 19 143 April 21 148.37 145.27
April 12 142 April 14 148.42 145.16
April 5 142 April 7 147.91 144.88
March 29 141 March 31 148.29 145.85
March 22 140 March 24 148.63 145.37
March 15 140 March 17 148.33 145.34
March 8 138 March 10 148.87 145.71
March 1 138 March 3 148.58 145.66
Feb 22 133 Feb 24 148.75 145.66
Feb 15 130 Feb 17 149.02 146.07
Feb 8 134 Feb 10 149.21 145.92
Feb 1 130 Feb 3 149.89 146.80
Jan 25 130 Jan 27 150.30 146.83
Jan 18 130 Jan 20 151 148.25
Jan 11 136 Jan 13 151.37 148.22
Jan 4 136 Jan 6 152.67 149.65
Dec 28 138 Dec 30 153.31 149.78
Price archive       

The independent British pig industry news and price reporting site

Compiled by Digby Scott