The downturn in GB pig prices isn't stopping
Annie Linekar, AHDB Trainee Analyst, says estimated slaughtering declined to 174 thousand head in the week ended 2 December, down by 8% on the week and 9% on the year.
Furthermore, for the third consecutive week, average carcase weights fell to 83.18 kg, down by 470g. "Even so, the average weight remains 80g heavier than year-earlier levels, contributing to reportedly buoyed supply," says Annie Linekar.
Both weaner price categories declined in the week ended 2 December, offsetting the marginal increases recorded in the previous week. The price for 30kg weaners decreased by £3.15 week on week to £52.92/head; 20p lower than the same period last year. This is the first time since July 2016 that this price series has dropped below year-earlier levels. The price for 7kg weaners fell a more modest £1.09 on the week to £40.16, £2.68 higher year on year.
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