TRAFFIC LIGHTS BASE
(EVERY THURSDAY EVENING)
February 15, 2018
SUNDAY FEBRUARY 18, 2018
Some 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
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
Early pig price rally gives
Wednesday February 14, 2018
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!
BRITISH PIG PRICES
The independent British pig industry news and price reporting site
The Traffic Lights website is compiled by Digby Scott
(The above message is in compliance with yet another ill-conceived, unenforceable European Union regulation)