TRAFFIC LIGHTS BASE
(EVERY THURSDAY EVENING)
April 19, 2018
SUNDAY APRIL 23, 2018
The tight supply met with good demand, with all the large processors requiring contracted numbers as a minimum. Contract prices improved with odd increases in contract contributions.
The welcome warm weather mid-week sparked hopes of barbeque trade but was probably too short lived to improve the market further.
The fresh meat market saw a touch more life with price improvements seen in many cases.
The cull sow market weakened on the back of poorer continental prices. In Europe, Germany fell 3 eurocents, but all its near neighbours stood-on.
Price quotes in sterling were enhanced however, by a stronger euro that ended the week up 1.21p at 87.61p.
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. 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 APRIL 25, 2018
Wednesday April 18, 2018
Above: European Union average pig price in Week 15, 2018.
In Week 15 we see the European Union average pig price price continuing to bump along in lacklustre fashion.
BRITISH PIG PRICES
The independent British pig industry news and price reporting site
Compiled by Digby Scott