Strong demand and tight supplies boost pork market

 

By Alistair Driver, Pig World (UK)

April 6, 2021

 

Strong underlying demand and tight supply continues to support the market, with price rises seen across the board, according to Thames Valley Cambac.

 

Most of the major processors viewed Easter as a small inconvenience, and planned to work right through, TVC said in its latest weekly market update.

 

“This indicates that underlying demand is excellent, and that was reflected in prices where weekly contributions increased 3p and contracts were also helped by a near penny rise in the SPP. Supplies remained on the tight side and average weights continue to trend lower – the latest SPP sample weight being the lowest in 3 months,” it said.

 

“The fresh meat trade was buoyant with good demand seen nationwide. Prices improved across the board, and some orders remained unfulfilled.”

 

more, including table

http://www.pig-world.co.uk/news/strong-demand-and-tight-supplies-boost-pig-market.html