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TRAFFIC LIGHTS BASE

(EVERY THURSDAY EVENING)

               January 11, 2018

Traffic

TVC COMMENTARY

Monday JANUARY 14, 2018

Processors take
fewer pigs, and
at lower prices

TVCThe market was in full January mode this week with processors sticking rigidly to contracted numbers (or fewer) and not looking for any extras.

Factory reliability in the week proceeding was poor, and this increased supply as a consequence. Normal supply improved slightly but there were still comments from producers that pig growth had slowed down due the colder weather.

Prices eased back with some contact contributions down a penny.

The fresh meat market was very quiet, as expected for this time of year, and prices fell 1p to 2p on average.

There was good competition from the cull sow exporters, and price falls were limited to 1p or so.

European markets were a sea of red with the influential German market down 3 eurocents, and its near neighbours seeing equal or greater falls.

The euro strengthened slightly against sterling, and ended the week up 0.1p at 88.98p.

WEEKLY TRADING REPORTS

Thames Valley Cambac
January 14, 2018
(next update — Monday)

Crichton Commentary  
January 12, 2018

(next update — Friday)

ABOUT TRAFFIC LIGHTS

Traffic Lights is available to British pig producers on Thursday nights, advising next day's spot price sentiment. Traffic Lights is available on this website and (for the time being) on Twitter. 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.

TRAFFIC LIGHTS SPOT VERSUS CONTRACT

Updated JANUARY 17, 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 Spottlspot.co.uk — provides sellers with a realistic minimum base price for one-off loads of spot pigs.


EUROPEAN PRICES

European prices are
heading implacably
towards 2016 levels

Thursday January 17, 2018

Prices

Prices

Above: European Union average pig price in Week 2, 2018.

The European Union average pig price is heading slowly (but implacably) towards 2016 levels. Unfortunately it's bringing the British price down with it. Roll on spring.


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
††
Jan 18        
Jan 11 136 Jan 13   148.22
Jan 4 136 Jan 6 152.67 149.65
Dec 28 138 Dec 30 153.31 149.78
            

The independent British pig industry news and price reporting site

The Traffic Lights website is compiled by Digby Scott

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