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The UK producer price in the first three months of 2011 decreased which was in contrast to the EU average price which increased considerably following the dioxin crisis in January. Higher throughputs at abattoirs may have restricted price movements in the UK and the higher EU price resulted in an erosion of the premium the UK obtained over the EU average.
In week ended 23 April the DAPP recorded the ninth consecutive week on week increase and, at 142p per kg it was nearly five pence higher than at the start of the year. Despite the continued rise of the DAPP prices remained considerably below the cost of production. Estimates for May place the cost of production at 164p per kg and if prices remain at current quotations producers will continue to lose considerable amounts on every pig produced in the next month.
In week ended 23 April the DAPP recorded the ninth consecutive week on week increase and, at 142p per kg it was nearly five pence higher than at the start of the year. Despite the continued rise of the DAPP prices remained considerably below the cost of production. Estimates for May place the cost of production at 164p per kg and if prices remain at current quotations producers will continue to lose considerable amounts on every pig produced in the next month.
http://www.bpex.org.uk/downloads/301353/299385/United%20Kingdom%20Pig%20Meat%20Market%20Update%20-%20May%202011.pdf
