Pig prices show modest recovery

Friday 6 March, 1998

By Peter Crichton

UK pig prices are continuing their modest recovery with the All-Average Pig Price almost on a par with spot market returns.

The UK Spec GB price ended last week at 94.56p, compared with 92.35 pence a week earlier.

A slight shortage of spare “spot” pigs has seen some abattoirs working a short week and putting a little more money on the table when buying – with very little price variation between the weight ranges.

Baconers are currently quoted at 90-95p/ kg, with lighter weights worth a premium of only 2-5p.

Ration prices from compounders are as low as £126 per tonne and herds with an FCR of 26 have the chance to add extra weight at a feed cost of 33p/ kg liveweight gained with little effect on their overall fixed costs.