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TRAFFIC LIGHTS BASE

(EVERY THURSDAY EVENING)

            March 21, 2019 Traffic

TVC COMMENTARY

Processors' Brexit
back-up stocks
dampening demand

March 24, 2019

TVC Major problems at one processor caused many hundreds of pigs rolled out of this trading week, meaning space was at a premium in certain plants early in the week.

Demand was still relatively steady with little spark from any of the outlets. Anecdotal evidence suggests that many processors anticipated Brexit by stockpiling product in cold stores, so they had buffer stocks in case of disruption.

These stocks are now said to be heavily subduing demand, while a Brexit date has been kicked down the road again. All contract price contributions stood-on.

The fresh meat market remained very quiet, with little interest shown.

The cull sow market continued to improve, with a substantial 5p lift on the back of better continental demand, and more favourable currency.

European markets surged ahead on the back of better domestic and export demand. The influential German market was up 7 eurocents, influencing its near neighbours to follow suit.

Price quotes in sterling were further enhanced by a stronger euro that ended the week up 0.48p at 85.89p

WEEKLY TRADING REPORTS

Peter Crichton
Updated Friday evenings

Thames Valley Cambac
Udated Mondays

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 MARCH 21, 2018

Traffic

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 Spot provides sellers with a realistic minimum base price for one-off loads of spot pigs.


EUROPEAN AVERAGE PIG PRICE

Week 11, 2019.

Prices

Prices


BRITISH PIG PRICES


tlspot.co.uk
2019 BRITISH HEADLINE PRICES
▼ SPOT PRICE ▼ PRICES COMPILED BY AHDB
tlspot.co.uk
Traffic Lights base

Week

APP

SPP
††
March 21 132      
March 14 128 March 16   137.77
March 7 128 March 9 142.98 137.63
Feb 28 128 March 2 142.19 137.43
Feb 21 128 Feb23 142.71 137.49
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
Price archive       

The independent British pig industry news and price reporting site, compiled by Digby Scott and Peter Crichton
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