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TRAFFIC LIGHTS BASE

(EVERY THURSDAY EVENING)

             August 9, 2018
Traffic

TVC COMMENTARY

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Demand has
firmed slightly

August 13, 2018

Supply continued to be tight with many producers down in weight on the back of recent poor growth rates. Hopefully, a cooler spell of weather will spark an improvement in appetites.

Demand was steady, although one or two of the majors were keener for supplies than of late. Prices were similar, with only one major reducing its contract contribution by 1p.

The fresh meat market was a touch livelier in places and prices stood-on. The cull sow market was the star of the week with prices up 7p on the back of dramatic prices rises in Germany.

The increase in Europe was the result of a shortage in supply against particularly strong summer demand. The German market saw a rise of 8 eurocents, and its close neighbour Belgium followed suit.

All quotes in sterling were further enhanced by a stronger euro which ended the week up 0.62p at 89.67p.

WEEKLY TRADING REPORTS

Peter Crichton
Updated Friday evenings

Thames Valley Cambac
Udated Mondays

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 AUGUST 9, 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 AVERAGE PIG PRICE

European average pig
price holds its own (just)

Prices

Above and below: the European Union average pig price just about hold its own in Week 31.

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
††
August 9 141      
August 2 142 August 4   149.81
July 26 144 July 28 152.95 150.26
July 19 145 July 21 153.20 150.34
July 12 148 July 14 153.12 150.47
July 5 150 July 7 153.16 150.47
June 28 150 June 30 153.07 150.31
June 21 153 June 23 152.87 150.03
June 14 154 June 16 152.91 150.07
June 7 156 June 9 152.43 149.35
May 31 155 June 2 152.28 149.37
May 24 153 May 26 150.97 148.17
May 17 152 May 19 150.68 147.94
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