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TRAFFIC LIGHTS BASE

May 16, 2019

European prices are continuing to soar — rising another 4 cents to 1.80 euros (158p) — but SPP has a lot of catching up to do and has moved only a modest 1.26p to 142.94p, with fresh meat buyers reporting flat demand, but spot base looks to be holding at circa 150p.

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.

2019 HEADLINE 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.

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

Week

APP

SPP
May 16 150      
May 9 150 May 11   142.94
May 2 148 May 4 145.56 141.68
April 25 146 April 27 144.11 139.84
April 18 142 April 20 143.47 138.67
April 11 142 April 13 143.27 138.31
April 4 140 April 6 142.64 137.67
March 28 134 March 30 142.62 137.73
March 21 132 March 23 142.58 137.96
March 14 128 March 16 142.77 137.77
March 7 128 March 9 142.89 137.63
Feb 28 128 March 2 142.19 137.43
Feb 21 128 Feb23 142.71 137.49
Feb 14 128 Feb 16 143.77 137.50
Feb 7 128 Feb 9 143.21 137.74
Jan 31 125 Feb 2 143.89 138.15
Jan 24 127 Jan 26 144.09 138.71
Jan 17 128 Jan 19 143.63 138.78
Jan 10 130 Jan 12 144.92 139.49
Jan 3 132 Jan 5 145.82 140.02
Price archive    

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