SPP up again, as weekly kill 16% up on last year
24th Jun 2021 / By Alistair Driver
The EU-spec SPP rose by more than a penny again last week to average fractionally short of 157p/kg.
This puts the measure 8p behind the price recorded for the same week last year, but more than 7p above the five-year average for the week.
Estimated slaughter at GB abattoirs totalled 175,800 head, up 2% on the week before but nearly 16% up on the previous year and 8% up on the five-year average. Average carcase weights continue to fall down 230g on the week to 86.27kg (-230g), but still 1.54kg heavier year-on-year.
In the week ending June 12, the EU-spec APP rose by 1.06p on the week before to average 159.58p/kg, putting it nearly 8p below than the price recorded for the same week last year.
Despite the recent price increases - the SPP has now increased for 14 consecutive weeks - pig prices remain well below productions, which is taking a heavy toll on the industry.
To see the weekly price graphs, click here