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The MLC reports positive trends in pig slaughterings an prices

by 5m Editor
7 June 2007, at 11:56am

UK - The number of clean pigs slaughtered during April was 11 percent up on the corresponding month last year, and MLC’s Pig Market observations show that cumulative throughputs for the year to date are six percent higher than the same period in 2006.

The producer-retailer price gap has also narrowed, which will be some comfort to farmers who feel that 'inflated' supermarket margins have been at the expense of the continually depressed average deadweight price and thier rising costs.

The gap between the average retail pork and producer price has closed in recent months. While there has been a gradual rise in farmgate pig prices since the beginning of April, the retail price has weakened slightly.

This has caused the percentage price spread to fall below 64 percent for the first time since November last year.

Although producer price is only marginally higher than it was at the start of the year, average retail prices have fallen by four percent during that time. If the trend continue it may encourage consumption during the summer months, traditionally a period of low pork sales.

For further information visit: www.mlceconomics.org.uk

5m Editor