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▶ Traffic Lights base
(Every Thursday evening)

September 22, 2016 — The SPP continues to rise +0.49p to 140.38p and a 21 month high, German prices stood on and British numbers still tight so spot base is 148p but more in places.

Pigs

Peter Crichton's commentary

About Traffic Lights
Traffic Lights is available to British pig producers on Thursday nights, advising the next day's spot price sentiment. Traffic Lights is available on this website and via 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 and the spot base will be well above contract rates.

TVC logo▶ Thames Valley Cambac
(Next update — Monday)

TVC weekly report: September 26, 2016

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TODAY'S PAGE 3 SIZZLER   

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Traffic Lights spot base versus SPP and APP

Prices


LATEST NEWS AND COMMENT

Processor demand remains strong
but fresh meat market is quieter

Monday September 26, 2016
Supply improved slightly as growth rates returned to normal after the brief hot weather spell, reports Thames Valley Cambac. Demand remained good with all the major processors looking to secure their contract numbers as a minimum, says the marketing group. "Over and above this, was the possibility to procure top-ups on the spot market but scarce supplies meant bids of close to 150p were required."

Britain's premium recovery falters
as European prices improve

Monday September 26, 2016
A surge in continental prices over the past few weeks has seen Britain's premium recovery falter. We still have a lead on Denmark though (if you don't count their end of year bonus).

Oz pig production highest for nearly a decade
Monday September 26, 2016
The number of pigs slaughtered in Australia has hit 5m for the first time in almost a decade but imports show no sign of easing – up 2.4 percent on the previous year at 166m tonnes.

Pig numbers down again
Friday September 23, 2016
United Kingdom clean pig slaughterings were 0.9 percent lower last month than in August 2015 at 902,000 head. Pigmeat production was 76,000 tonnes, 0.1 percent lower than in August 2015. Cattle slaughterings in August were 1.3 percent higher than in August 2015 and sheep slaughterings were 2 percent lower.

Chinese market a double-edged sword
Friday September 23, 2016
The Chinese market is a double-edged sword for United States pig producers, as it means prices have tended to rise and fall in line with adjustments in demand from the world's largest pork market. Prices for United States pig futures rose 40 percent in the first half of 2016 as exports of pork and related products such as trotters and offal to China surged.



2016 headline prices
SPOT BASE ▼ PRICES COMPILED BY AHDB/BPEX
Traffic Week APP SPP
148 Sept 22      
148 Sept 15 Sept 17   140.38
148 Sept 8 Sept 10 141.76 139.89
148 Sept 1 Sept 3 140.38 138.24
147 Aug 25 Aug 27 139.78 137.30
145 Aug 18 Aug 20 138.24 136.01
144 Aug 11 Aug 13 137.29 135
140 Aug 4 Aug 6 136.10 133.98
139 July 28 July 30 133.66 131.39
138 July 21 July 23 132.82 130.28
138 July 14 July 16 130.70 128.14
137 July 7 July 9 129.47 126.57
132 June 30 July 2 126.77 123.77
128 June 23 June 25 125.62 122.16
125 June 16 June 18 125.01 121.53
125 June 9 June 11 124.01 120.40
123 June 2 June 4 122.66 119.43
122 May 26 May 28 121.11 117.49
122 May 19 May 21 119.85 116.27
120 May 12 May 14 119.05 115.60
115 May 5 May 7 117.71 114.70
112 April 28 April 30 117.26 113.79
112 April 21 April 23 116.97 113.49
111 April 14 April 16 116.82 113.26
111 April 7 April 9 116.78 112.86
110 Mar 31 April 2 116.32 112.55
106 Mar 23 Mar 26 116.04 112.81
102 Mar 17 Mar 19 116.24 112.07
107 Mar 10 Mar 12 115.94 112.37
102 Mar 3 Mar 5 115.70 112.12
102 Feb 25 Feb 27 115.83 112.17
102 Feb 18 Feb 20 116.31 112.32
102 Feb 11 Feb 13 117.16 112.89
100 Feb 4 Feb 6 117.31 113.42
103 Jan 28 Jan 30 118.23 114.72
104 Jan 21 Jan 23 119.54 115.17
108 Jan 14 Jan 16 121.58 117.69
108 Jan 7 Jan 9 123.19 119.09
112 Dec 31 Jan 2 127.19 121.97
113 Dec 24 Dec 26 127.68 123.46

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The independent British pig industry news and price reporting site

The Traffic Lights website is compiled by Digby Scott and Peter Crichton
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