TRAFFIC LIGHTS BASE
(EVERY THURSDAY EVENING)
February 14, 2019
February 17, 2019
There was some welcome stability in the market with most processors having a smoother-running week.
Supply continued on the tight side, but average weights are keeping stubbornly high.
There are many indications now that supply will tighten soon, and that will hopefully put a bottom in the market. All contract price contributions stood-on, but there was minimal spot trade.
The fresh meat trade still saw poor demand with little interest being reported from the high street. However, the commencement of half-term holidays for some may improve things.
Cull sows stood-on pricewise despite supply being a touch tighter.
In Europe, Belgium and Spain added 4 and 3 eurocents respectively, and all quotes in sterling were enhanced by a stronger euro that ended the week up 0.45p at 87.94p.
WEEKLY TRADING REPORTS
Thames Valley Cambac
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 February 14, 2018
EUROPEAN AVERAGE PIG PRICE
Week 6, 2019.
BRITISH PIG PRICES
The independent British pig industry news and price reporting site, compiled by Digby Scott and Peter Crichton