By Peter Crichton
ALTHOUGH finished pig returns have not yet rallied to a significant degree this autumn, there are signs that prices are starting to lift in some regions.
Spot traders are beginning to find supplies on the light side and as a result deadweight quotes for next week are a shade firmer.
Baconers are being traded in the 93p to 97p range with lighter weights just topping the 1/kg mark.
This contrasts with static contract prices, which were not helped by the UK AESA dropping again this week by 0.89p to stand at 93.01p.
After grading, bottom-line deductions and haulage costs, this converts to no more than 87p/kg banked – which is equivalent to just 59.50 for a 70kg deadweight pig.
Demand for pigmeat in the UK normally improves at this time of year through to the end on November but with export markets still closed manufacturing cuts have continued to drag down the total carcass value.
- Peter Crichton is a Suffolk-based pig farmer offering independent valuation and consultancy services to the UK pig industry
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