TRAFFIC LIGHTS BASE
(EVERY THURSDAY EVENING)
November 15, 2018
Only five killing
November 18, 2018
Most of the majors ramped up their throughputs this week, helped by a couple of pre-planned Saturday kills. Demand for Freedom Food pigs was particularly strong.
Supply easily matched this improved demand, but average weights are remaining stubbornly high. With only five full killing weeks before Christmas, time is running out to get on top of weights before the festive period.
All contract contributions stood-on for the second week running, giving an indication that trade can be done at this price level. The fresh meat market also saw a degree of stability creeping into trade, with prices standing-on, and improved numbers in some outlets.
The beneficiary of the latest Brexit turbulence was the cull sow market as a weaker pound helped prices increase a penny.
In Europe, both Denmark and Belgium registered decent rises and all quotes in sterling were further enhanced by a stronger euro that ended the week up 1.30p at 88.35p.
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. 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.
PIG PRICE BAROMETER
Updated November 15, 2018
EUROPEAN AVERAGE PIG PRICE
Week 45 — The European Union average pig price levelled out in Week 45.
BRITISH PIG PRICES
The independent British pig industry news and price reporting site, compiled by Digby Scott and Peter Crichton