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
British All Pig Price is a voluntary weekly survey of prices, including quality premiums, reported by pig producers.
British Standard Pig Price is a voluntary weekly survey of prices paid by pig abattoirs for standard non-premium pigs.
Traffic Lights Spot provides sellers with a realistic minimum base price for one-off loads of spot pigs.
|▼ SPOT PRICE||▼ PRICES COMPILED BY AHDB|
Traffic Lights base
|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 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|