TRAFFIC LIGHTS BASE
(EVERY THURSDAY EVENING)
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.
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
Disruption 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
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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
WEDNESDAY SEPTEMBER 13, 2017
The rot has set in
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.
Juncker calls for
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
|† 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.
The independent British pig industry news and price reporting site