In this file:
· Upward trend evident in EU pig prices
· Tight Pork Supplies Limit Export Performance Once Again
Upward trend evident in EU pig prices
Sylvester Phelan, AgriLand (Ireland, UK)
May 18, 2017
The latest information on international pig production in Europe and further afield, showing a clear upward trend in prices, has been released by the EU.
It shows the average EU price across the class range is 173.90 per 100kg carcass weight. For class S pigs, the price is 174.60, while class E pigs make 172.70 (both per 100kg carcass weight). Piglets make an EU average of 59.50 per head.
The above prices have all increased since the same time last month by between 1.1% (for piglets) and 1.7% (for class E pigs). Prices for both the overall average and for the class S average rose by 1.3%.
Since last year, EU prices for pigs in all three measurements rose by 27.6%, 27.9% and 27.3% for the overall average, class S and class E pigs respectively. Prices for piglets have shot up by 50% compared to last years prices.
According to the data released on world weekly average pig prices for the period 2015 to 2017, given in terms of /100kg carcass, EU prices are currently the highest of the group comprised also of US, Canadian and Brazilian prices.
For the latest quotations, dated May 8, 2017, the EU price of 173.85 compares favourably to the US price of 136.75, the Brazilian price of 133.61, and the Canadian price of 122.01.
The information compiled by the commission also shows the distribution of pig producers across the EU. For 2016, 23.23t million of pig meat were produced by the EU.
Of this, Germany was by far the largest producer, contributing some 5.57t million (24%) to the overall figure. The next largest producer was Spain, with 4.06t million, or 17% of the total. Rounding off the top three was France with 1.99t million (9%).
Regarding pig slaughter, 256.94 million pigs were killed in 2016, which is up slightly on the previous year (255.54 million pigs) and well up on 2014 (248.73 million pigs).
On global production of pig meat, the EU is second largest, accounting for 19% of the total, behind China easily the largest producer with some 48% of the global figure. The third largest global source is the USA with a 9% share...
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Tight Pork Supplies Limit Export Performance Once Again
The Pig Site
18 May 2017
UK - UK exports of fresh/frozen pork in March were 3 per cent lower on the year at 19,100 tonnes, according to the latest data from HMRC, reports Millie Askew, AHDB analyst.
The fall in volume exported highlights the tight supply situation, of both clean pigs and sows, the UK has found itself in domestically since the start of the year.
Yet export demand is thought to be relatively strong. While volume was down, the value of shipments in March was 26 per cent higher compared to the same period in 2016, at £27.1 million, driven by a rise in unit prices.
Although China remained the largest destination for British pork, the amount shipped in March fell by 6 per cent year-on-year to 3,900 tonnes. Likewise, exports to the UKs fifth largest destination, the Netherlands, fell by 10 per cent on the year to 1,400 tonnes.
Nevertheless in March, the UK exported 7 per cent more pork to both Ireland (at 3,200 tonnes) and Denmark (at 2,700 tonnes) and 6 per cent more to Germany (at 3,000 tonnes), compared to the same period in 2016.
UK export volumes of offal, processed pork and sausages were all lower year on year in March, while shipments of bacon increased...
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