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TRAFFIC LIGHTS BASE

(EVERY THURSDAY EVENING)

               December 14, 2017

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TVC COMMENTARY

Monday DECEMBER 18, 2017

Slaughterweights
falling at last... although Christmas short weeks may reverse this trend

TVCWe've arrived at the last meaningful trading week of the year, and most of the major processors are planning near-full kills in the run-up to Christmas.

Supply was increased slightly on Friday, by breakdown-affected pigs being rolled out of the previous week.

Slaughterweights seem to be falling at last, reports marketing group Thames Valley Cambac... although restricted movements over the next couple of weeks may reverse this trend.

Prices generally stood-on, although one processor saw fit to play Scrooge and drop its contribution a penny.

The fresh meat market saw decent demand for the early part of the week, and prices were a strong stand-on.

Cull sow prices took a hit however, with a large supply seeing prices fall 4p.

European prices were a sea of red domestically with Germany and its near neighbours losing upwards of 5 eurocents.

These falls were counteracted in sterling terms however, as the euro strengthened to end the week up 1.14p at 88.25p.

WEEKLY TRADING REPORTS

Thames Valley Cambac
December 17, 2017
(next update — Monday)

Crichton Commentary  
December 15, 2017

(next 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.

EUROPEAN PRICES

European prices still bumping
along uneasily in no-man's land

Thursday December 14, 2017

Prices

Above: European Union average pig price in Week 49.

The European Union average pig price wavered slightly in Week 49 but we'll pretend we didn't notice, and simply describe it as continuing to bump along uneasily in a continental pre-Christmas no-man's land.

Prices


Origin labelling free-for-all
sparks complaint to Brussels

Thursday December 14, 2017

FoodDrinkEurope made an official complaint to the European Commission this week following the adoption of decrees on mandatory country-of-origin labelling in Italy.

The trade association sees its complaint as the only way to make sure single market rules are respected. The measures were put in place without notification to the European Union and their compliance with European Union law is in question, the association says.

The trade body's members are concerned about the emerging trend to renationalise some rules and policies in food and drink.

"National measures on mandatory origin labelling recently introduced by eight member states (France, Italy, Lithuania, Portugal, Romania, Spain, Finland and Estonia) are already negatively impacting trade of food products in the Single Market," it said.

FoodDrinkEurope has stressed the benefits of the smooth running of the internal market to the manufacturing industry, Europe's leading employer with over 4.2 million employees.

"Thanks to deeply integrated European food supply chains and the possibility to trade freely, the industry has been able to ensure a constant availability of safe, diverse, high quality food for consumers across the European Union, at affordable prices," it said.

Poland to build 450-mile
fence to keep out wild boar

Tuesday December 12, 2017

Poland is to build a 450-mile fence along its border with Belarus and Ukraine at a cost of 28m euros, in an attempt to curb outbreaks of African swine fever.

The plan follows the discovery of the infectious disease — hitherto restricted to border regions — among wild boar near Warsaw.

Poland's farm minister has announced the move following repeated requests from farmers for more effective action to combat of the spread of the disease among the country's pig population. The infection is believed to have arrived in Poland from Belarus, carried by wild boar.

Russia lifts one pigmeat
ban, but extends the other

Tuesday December 12, 2017

Russia has lifted its sanitary and phytosanitary ban on imports of live pigs and pigmeat from African swine fever-free European Union member countries and regions.

In compliance with World Trade Organisation recommendations on the regionalisation principle, the country's food safety watchdog Rosselkhoznadzor acknowledged the system in place in a handful of member countries, including Latvia, Lithuania, Czech Republic and Poland.

However, there has been no trade impact as the Kremlin extended the scope of the political embargo on agricultural products (introduced in August 2014) to include those covered by the World Trade Organisation dispute.

So despite the lifting of the sanitary and phytosanitary ban, the European Union will not resume pork exports to Russia apart from some trade in purebred pigs.

TRAFFIC LIGHTS SPOT VERSUS CONTRACT

Updated DECEMBER 14, 2017

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.


BRITISH PIG PRICES


tlspot.co.uk
2017 BRITISH HEADLINE PRICES
▼ SPOT PRICE ▼ PRICES COMPILED BY AHDB
tlspot.co.uk
Traffic Lights base

Week

APP

SPP
††
Dec 14 140      
Dec 7 140 Dec 9   151.42
Nov 30 140 Dec 2 155.39 152.04
Nov 23 140 Nov 25 156.22 153.24
Nov 16 138 Nov 18 156.56 153.66
Nov 9 135 Nov 11 156.97 154.04
Nov 2 135 Nov 4 157.84 155.16
Oct 26 138 Oct 28 159.01 156.03
Oct 19 140 Oct 21 160.37 157.07
Oct 12 140 Oct 14 161.02 157.89
Oct 5 150 Oct 7 162.02 158.92
Sept 28 145 Sept 30 163.98 160.44
Sept 21 150 Sept 23 165 161.04
Sept 14 152 Sept 16 165.73 162.33
Sept 7 156 Sept 9 166.29 162.92
Aug 31 158 Sept 2 167.31 163.74
Aug 24 160 Aug 26 167.67 164.17
Aug 17 162 Aug 19 168.20 164.66
Aug 10 167 Aug 12 168.12 164.53
Aug 3 169 Aug 5 167.99 164.54
July 27 170 July 29 168.46 164.75
July 20 171 July 22 168.05 164.43
July 13 172 July 15 167.72 164.20
July 6 172 July 8 167.22 163.86
June 29 173 July 1 166 162.43
June 22 173 June 24 165.68 162.28
June 15 173 June 17 165.59 161.91
June 8 172 June 10 165.13 161.70
June 1 172 June 3 164.68 160.85
May 25 170 May 27 163.70 160.10
May 18 170 May 20 162.66 159.21
May 11 164 May 13 161.87 158.45
May 4 164 May 6 161.20 157.82
April 27 164 April 29 159.53 156.53
April 20 162 April 22 159.03 156.16
April 13 162 April 15 158.17 155.58
April 6 160 April 8 157.15 154.47
Mar 30 158 April 1 155.79 153.13
Mar 23 155 Mar 25 154.71 151.70
Mar 16 155 Mar 18 154.18 151.04
Mar 9 154 Mar 11 153.72 150.18
Mar 2 152 Mar 4 153.48 149.94
Feb 23 151 Feb 25 153.12 149.59
Feb 16 147 Feb 18 153.22 149.81
Feb 9 145 Feb 11 152.92 149.66
Feb 2 146 Feb 4 152.89 149.96
Jan 26 146 Jan 28 153.69 150.56
Jan 19 148 Jan 21 153.82 150.60
Jan 12 150 Jan 14 154.16 151.04
Jan 5 150 Jan 7 154.81 151.24
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