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TRAFFIC LIGHTS BASE

(EVERY THURSDAY EVENING)

             October 11, 2018
Traffic

TVC COMMENTARY

Pigs rolled again
as factory
breakdowns
continue

October 14, 2018

TVC The factory gremlins continued this week with numerous severe breakdowns and district-wide power outages conspiring to make for a challenging week.

As mentioned last week, the supply chain relies on a handful of processing plants, so any disruption at more than one in a trading week brings serious pressures to bear back down the chain.

Remedies included Saturday kills but haulage was at a premium, so numerous hundreds were again rolled into this trading week.

Demand remained sluggish for this time of year, but supplies improved a touch, again. Slaughterweights also increased indicating better growth rates on farm.

Price contributions from the majors stood-on however, giving a touch of stability to the market.

The fresh meat market continued to struggle with little upside in demand, and prices generally eased a penny or so.

The cull sow market fell 3p on the back of poorer continental demand. European markets were weaker with Germany down 4 eurocents. All quotes in sterling were further eroded by a weaker euro that ended the week down 0.52p at 87.64p.

WEEKLY TRADING REPORTS

Peter Crichton
Updated Friday evenings

Thames Valley Cambac
Udated Mondays

ABOUT TRAFFIC LIGHTS

Traffic Lights is available to British pig producers on Thursday nights, advising next day's spot price sentiment. The Traffic Lights spot base provides sellers who have one-off loads of spot pigs (as opposed to regular weekly supplies) with a realistic minimum base price. In many cases it should be possible to achieve premiums over base. During periods of oversupply the Traffic Lights price will be well below contract levels but the reverse applies when pigs are short, when spot base will be well above contract rates.

PIG PRICE BAROMETER

Updated OCTOBER 18, 2018

Prices

APP British All Pig Price is a voluntary weekly survey of prices, including quality premiums, reported by pig producers. SPP British Standard Pig Price is a voluntary weekly survey of prices paid by pig abattoirs for standard non-premium pigs. TL SPOT Traffic Lights Spot provides sellers with a realistic minimum base price for one-off loads of spot pigs.


EUROPEAN AVERAGE PIG PRICE

European average
pig price is still falling

Prices

Week 40 — The European Union average pig price is still falling, and has further to go yet. Some continental producers are already in loss-making territory.

Prices

BRITISH PIG PRICES


tlspot.co.uk
2018 BRITISH HEADLINE PRICES
▼ SPOT PRICE ▼ PRICES COMPILED BY AHDB
tlspot.co.uk
Traffic Lights base

Week

APP

SPP
††
Oct 18        
Oct 11 138 Oct 13   146.30
Oct 4 138 Oct 6 150.02 146.79
Sept 27 140 Sept 29 150.45 147.21
Sept 20 140 Sept 22 150.94 147.68
Sept 13 143 Sept 15 151.74 147.77
Sept 6 145 Sept 8 151.58 148.05
August 30 147 Sept 1 151.38 148.28
August 23 147 August 25 152.16 148.71
August 16 145 August 18 152.30 149.10
August 9 141 August 11 152.90 149.26
August 2 142 August 4 152.69 149.81
July 26 144 July 28 152.95 150.26
July 19 145 July 21 153.20 150.34
July 12 148 July 14 153.12 150.47
July 5 150 July 7 153.16 150.47
June 28 150 June 30 153.07 150.31
June 21 153 June 23 152.87 150.03
June 14 154 June 16 152.91 150.07
June 7 156 June 9 152.43 149.35
May 31 155 June 2 152.28 149.37
May 24 153 May 26 150.97 148.17
May 17 152 May 19 150.68 147.94
May 10 150 May 12 150.13 147.21
May 3 145 May 5 149.64 146.62
April 26 143 April 28 148.76 145.82
April 19 143 April 21 148.37 145.27
April 12 142 April 14 148.42 145.16
April 5 142 April 7 147.91 144.88
March 29 141 March 31 148.29 145.85
March 22 140 March 24 148.63 145.37
March 15 140 March 17 148.33 145.34
March 8 138 March 10 148.87 145.71
March 1 138 March 3 148.58 145.66
Feb 22 133 Feb 24 148.75 145.66
Feb 15 130 Feb 17 149.02 146.07
Feb 8 134 Feb 10 149.21 145.92
Feb 1 130 Feb 3 149.89 146.80
Jan 25 130 Jan 27 150.30 146.83
Jan 18 130 Jan 20 151 148.25
Jan 11 136 Jan 13 151.37 148.22
Jan 4 136 Jan 6 152.67 149.65
Dec 28 138 Dec 30 153.31 149.78
Price archive       

   

The independent British pig industry news and price reporting site, compiled by Digby Scott and Peter Crichton