Traffic

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.

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 Spot provides sellers with a realistic minimum base price for one-off loads of spot pigs.