Pig price fall accelerates amid slaughter and ASF case risesZ

 

Jonathan Riley, Farmers Weekly (UK)

08 October 2020

 

Concerns over African Swine Fever (ASF) and unusually high slaughter figures have seen pig prices fall by 1.39p/kg – the biggest weekly drop in almost two years.

 

According to figures published by AHDB Pork, the GB EU-spec SPP stood at 158.23p/kg for the week ending 3 October.

 

Prices have fallen every week since late July and last week’s 1.39p/kg fall is the largest weekly drop since January 2018. It is due, in part, to the worsening ASF situation in Germany.

 

Germany’s federal agriculture ministry reported a further ASF case in wild boar this week, again within the Brandenburg region, close to the border with Poland.

 

The new case means 50 infected wild boar have been identified since the first was found on 10 September.

 

There is growing concern that the disease will hit Germany’s commercial pig production.

 

China has imposed a ban on imports, leading to speculation that the 521,000 tonnes of pork shipped from Germany to China each year could be returned to the EU market, increasing supply and undermining prices.

 

Downward pressure could also be due to a high number of...

 

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https://www.fwi.co.uk/business/markets-and-trends/meat-prices/pig-price-fall-accelerates-amid-slaughter-and-asf-case-rises