TRAFFIC LIGHTS BASE
(EVERY THURSDAY EVENING)
January 17, 2019
How was trade
January 20, 2019
Supply improved slightly with some producers reporting improvements in growth rates. Most pigs were placed, however, with little carryover despite the shorter kills.
Prices fell with most contract contributions back a penny, and SPP continued its downward slide, breaking the 140p barrier.
There was little life in the fresh meat market, with outlets just taking the bare minimum, and prices eased 1p to 2p.
The cull sow market was well supplied again but prices were down 2p due to currency.
In Europe, while the influential German market stood-on, both Belgium and Ireland lost 2 eurocents.
All quotes in sterling saw a reverse however, due to a weaker euro, which ended the week down 1.89p at 88.12p.
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 January 23, 2018
EUROPEAN AVERAGE PIG PRICE
No relief from
Week 2, 2019 — European prices are still nosing their way downward.
BRITISH PIG PRICES
The independent British pig industry news and price reporting site, compiled by Digby Scott and Peter Crichton