Producer retail share at highest level since July 2014
22nd May 2017 / By Alistair Driver
The share of pork retail prices received by producers reached its highest level since July 2014 in April, climbing by more than 1% to reach 41.8%.
Average farm gate prices rose by over 4p/kg on the month, with the EU-spec Standard Pig Price (SPP) topping 158.45p/kg in the week ending May 13. This was 43p higher than the same week in 2016 and the highest level since August 2014.
Meanwhile, the average retail price decreased slightly and, as a result, the current producers’ share is nearly 11 percentage points up on the same point in 2016.
For more on this story, see Pig World