Pig prices have continued their recent surge with the SPP up by 1.43p to 153.13p, weekly contribution prices are also tending to improve and spot pigs remain in very short supply and it is quite hard to sell an empty pen, but where there were a few spare pigs about prices were in the 160p/kg region and more in places, writes Peter Crichton in his “Traffic Lights” commentary for 7 April 2017.
This week saw another significant increase in German producer prices rising from 1.54 Euro to 1.79 Euro over the past six weeks underlining how short pigs are compared with last year’s glut, which brought many producers to their knees. Read more