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TRAFFIC LIGHTS BASE

(EVERY THURSDAY EVENING)

              February 15, 2018

Traffic

TVC COMMENTARY

SUNDAY FEBRUARY 18, 2018

Fewer factory
breakdowns and
tighter numbers
see pig prices
standing-on

TVCSome changes in factory planning led to a smoother processing week for some of the factories with a history of unreliability.

Although there was some rollover into this trading week, it remained manageable. Supply was slightly tighter, with many producers content to book normal numbers.

Slaughterweights look to be becoming more controlled with fewer overweight issues. Prices were similar, with all processor contributions standing-on, but there was still minimal spot bacon trade.

The fresh meat market remained quiet, with poor demand from most outlets, but prices stood-on.

The bright spot of the day was again reserved for the cull sow market where a resurgent continental trade saw prices up another 3p.

In Europe, Germany continued to lead the price recovery with another impressive 6 eurocent rise, which helped influence pricing in neighbouring countries.

The euro ended the week virtually unchanged, up 0.06p at 88.80p.

WEEKLY TRADING REPORTS

Thames Valley Cambac
February 19, 2018
(next update — Monday)

Crichton Commentary  
February 16, 2018

(next 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 February 15, 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 PRICES

Early pig price rally gives
European producers
something to smile about

Wednesday February 14, 2018

Prices

Above: European Union average pig price in Week 6, 2018.

Be honest... did you see European prices recovering from their start-of-the-year blues as quickly as this? Okay, they will level off below last year's levels, but then last year was exceptional. What we can definitely say in Week 6, is that the European Union average pig price is looking better than most of us expected. Danken Frau Housewife!

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
††
Feb 15 130      
Feb 8 134 Feb 10   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

The Traffic Lights website is compiled by Digby Scott

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(The above message is in compliance with yet another ill-conceived, unenforceable European Union regulation)