SPP on a steady rise

The EU spec SPP for the week ending 7 May was 171.61p/kg, up 4.78 on the week previous. A welcome improvement for producers from last week’s 1.91p rise, but more increases will be needed to help meet the cost of production.

Estimated slaughter was down by 7,400 head on the week to 188,190 head, with average carcase weights at 92.06 kg/head.

For the week ending 30 April the EU spec APP was at 174.63 p/kg, up 3.04p on the previous week, widening the gap of the two price series to 7.8p.

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