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TRAFFIC LIGHTS BASE

(EVERY THURSDAY EVENING)

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                   September 14, 2017


NPA history NPA was formed as the British pig industry's single voice in a turbulent era of market failure, rampant disease, retailer duplicity, political infamy and dysfunctioning levy-board. It has proved hugely successful at changing the landscape. 


TVC COMMENTARY

Monday September 18, 2017

Rolled pigs and cash-strapped shoppers, combined with plunging prices over the Channel, combine to produce a humdrum day's trading

TVCDisruption due to breakdowns was the stand-out feature of the week proceeding this trading week, resulting in a good number of rolled pigs on top of an already ample supply, reports marketing group Thames Valley Cambac.

Demand was steady with most processors keeping kill numbers on the tight side. Contract contributions eased in some cases, and any meaningful spot bacon quotes were very scarce.

The fresh meat market was quiet, possibly due to the very poor demand seen on the high street. It is hoped that demand may pick up towards the end of the month when pay packets start to land in cash-strapped households.

The biggest price move of the day was reserved for cull sows which saw a reverse of 8p. This was due to a combination of poor German trade and an unexpected strengthening of sterling.

The European markets were a sea of red domestically with the influential German market losing 8 eurocents, which led to falls of 4 to 9 eurocents in neighbouring countries.

These falls were magnified in sterling terms due to the weakening euro which ended the week down 3.23p at 88.04p.

WEEKLY TRADING REPORTS

Thames Valley Cambac
September 17, 2017
(next update — Monday)

Crichton Commentary  
September 15, 2017

(next update — Friday)

TODAY'S QUOTES

RELIGIOUS HOME-TRUTHS

All national institutions of churches, whether Jewish, Christian, or Turkish, appear to me no other than human inventions set up to terrify and enslave mankind, and monopolise power and profit — Thomas Paine (1793)

DID YOU KNOW?

The equipment for the 2016 Rolling Stones concert in Havana filled 61 sea containers and a Boeing 747.

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.

SPOT VERSUS CONTRACT

Updated September 14, 2017

Prices


EUROPEAN PRICES

WEDNESDAY SEPTEMBER 13, 2017

The rot has set in
...unwelcome but
not unexpected

Prices

The rot has set in, with the European Union average pig price continuing downward, according to data for Week 36, released today by Brussels. The trend, both here and on the continent is clear, but not unexpected.

Prices


Juncker calls for more
European integration

Thursday September 14, 2017

European Commission president Jean-Claude Juncker has called for greater integration in the European Union, not less — and he's rejected the idea of a two-speed Europe in a bid to unite the bloc ahead of Brexit.

He's also backed calls for stronger powers for national authorities to make sure no member country's consumers are sold food of lower quality than elsewhere in Europe. "There can be no second-class consumers."


Dent Limited dissolved

Monday September 11, 2017

It's finally over. The liquidators have done their job and bankrupt Dent Ltd was dissolved on August 30, leaving creditors to count their considerable losses.


BRITISH PIG PRICES


2017 British headline prices
▼ SPOT PRICE ▼ PRICES COMPILED BY AHDB
Traffic base Week APP SPP††
Sept 14 152      
Sept 7 156 Sept 9   162.92
Aug 31 158 Sept 2 167.31 163.74
Aug 24 160 Aug 26 167.67 164.17
Aug 17 162 Aug 19 168.20 164.66
Aug 10 167 Aug 12 168.12 164.53
Aug 3 169 Aug 5 167.99 164.54
July 27 170 July 29 168.46 164.75
July 20 171 July 22 168.05 164.43
July 13 172 July 15 167.72 164.20
July 6 172 July 8 167.22 163.86
June 29 173 July 1 166 162.43
June 22 173 June 24 165.68 162.28
June 15 173 June 17 165.59 161.91
June 8 172 June 10 165.13 161.70
June 1 172 June 3 164.68 160.85
May 25 170 May 27 163.70 160.10
May 18 170 May 20 162.66 159.21
May 11 164 May 13 161.87 158.45
May 4 164 May 6 161.20 157.82
April 27 164 April 29 159.53 156.53
April 20 162 April 22 159.03 156.16
April 13 162 April 15 158.17 155.58
April 6 160 April 8 157.15 154.47
Mar 30 158 April 1 155.79 153.13
Mar 23 155 Mar 25 154.71 151.70
Mar 16 155 Mar 18 154.18 151.04
Mar 9 154 Mar 11 153.72 150.18
Mar 2 152 Mar 4 153.48 149.94
Feb 23 151 Feb 25 153.12 149.59
Feb 16 147 Feb 18 153.22 149.81
Feb 9 145 Feb 11 152.92 149.66
Feb 2 146 Feb 4 152.89 149.96
Jan 26 146 Jan 28 153.69 150.56
Jan 19 148 Jan 21 153.82 150.60
Jan 12 150 Jan 14 154.16 151.04
Jan 5 150 Jan 7 154.81 151.24
2002-2016 price archives >>
† Great Britain All Pig Price is a voluntary weekly survey of prices, including quality premiums, reported by pig producers.    

†† Great Britain Standard Pig Price is a voluntary weekly survey of prices paid by pig abattoirs for standard non-premium pigs.     

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