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TRAFFIC LIGHTS BASE

(EVERY THURSDAY EVENING)

              June 21, 2018
Traffic

TVC COMMENTARY

SUNDAY JUNE 17, 2018

TVC Most of the majors required full contract numbers indicating a decent undercurrent of demand.

We were shocked therefore when two decided to reduce their contact price contributions. One gave the reason of realignment to the market, which was fair.

An easing of prices at this time of year is not unexpected, but with current increases in feed costs, it is an unwelcome squeeze on margins.

Supply improved slightly, but numbers remained on the tight side, with some producers still in the production period that was affected by PRRS issues.

The fresh meat market showed a touch more life in some areas on the back of some decent barbeque trade.

Cull sow prices stood-on, despite numbers being a touch shorter.

In Europe, the influential German market fell 3 eurocents due to processor pressure, and was mirrored in Belgium. The rest of the European markets were similar pricewise, but price quotes in sterling fell due to a weaker euro which ended the week down 0.45p at 87.32p.


WEEKLY TRADING REPORTS

Thames Valley Cambac
June 17, 2018
(next update — Monday)

Crichton Commentary  
June 15, 2018
N
ext 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 June 21, 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 AVERAGE PIG PRICE

Prices

Above and below: European Union average pig price in Week 23, 2018.

Prices

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
††
June 21 153      
June 14 154 June 16   150.07
June 7 156 June 9 152.43 149.35
May 31 155 June 2 152.28 149.37
May 24 153 May 26 150.97 148.17
May 17 152 May 19 150.68 147.94
May 10 150 May 12 150.13 147.21
May 3 145 May 5 149.64 146.62
April 26 143 April 28 148.76 145.82
April 19 143 April 21 148.37 145.27
April 12 142 April 14 148.42 145.16
April 5 142 April 7 147.91 144.88
March 29 141 March 31 148.29 145.85
March 22 140 March 24 148.63 145.37
March 15 140 March 17 148.33 145.34
March 8 138 March 10 148.87 145.71
March 1 138 March 3 148.58 145.66
Feb 22 133 Feb 24 148.75 145.66
Feb 15 130 Feb 17 149.02 146.07
Feb 8 134 Feb 10 149.21 145.92
Feb 1 130 Feb 3 149.89 146.80
Jan 25 130 Jan 27 150.30 146.83
Jan 18 130 Jan 20 151 148.25
Jan 11 136 Jan 13 151.37 148.22
Jan 4 136 Jan 6 152.67 149.65
Dec 28 138 Dec 30 153.31 149.78
Price archive       

The independent British pig industry news and price reporting site

Compiled by Digby Scott