The EU-spec standard pig price (SPP) has gained 0.13p to stand at 209.55p/kg during the week ended July 27.

The National Pig Association (NPA) said this continues the pattern of the past 11 weeks of SPP falls followed by smaller increases.

It means the SPP has lost just under 2p since the beginning of June and more than 3p since the beginning of the year.

It is now 16p below a year ago when the price index was nearing its peak.

The all pig price (APP), which includes premium pigs, lost 1.47p during the week ended July 20 to stand at 210.81p/kg.

This means it has lost 2p over the past two weeks, and left it 1.4p ahead of the SPP for the week.

The European reference price (grade S) was very slightly down during the week ended July 21 to stand at 181.13p/kg, with the gap to the equivalent UK reference price remaining at around 24.5p.

Slaughterings and feed wheat

Estimated GB slaughterings for the week ended July 20 were up by nearly 3,000 on the previous week to 153,924 head, but 1,000 down on last year and 26,000 below the 2022 figure.

However,the NPA said these figures remain very much subject to revision amid ongoing uncertainty over Defra UK figures.

Average carcase weights dropped slightly to 90.11kg in the SPP sample during the week ended July 27, just under 1kg higher than the same week in 2023.

London feed wheat for November was quoted by the Agriculture and Horticulture Development Board (AHDB) on July 31 at £188.60/t, £6 down on last week.