Pig producers share of the retail price increases slightly up to 32% in May

Producers share of retail price still low, but rising slowly
Producers share of retail price still low, but rising slowly

The producer’s share of the retail pork price recorded another modest increase in May, to 32%, according to AHDB Pork.

While this was one percentage point higher than April, levels are still at historical lows, and the producers share is 3 percentage points behind May 2015.

These figures are still around the lowest levels for over a decade.

While the farmgate price has continued to increase slightly through May, retail prices fell overall, down 3% on the same period a year earlier.

AHDB Pork stated: "Although it is encouraging that farmgate prices are not following the same trend as the retail price, they are still 12% behind May 2015.

"The fall in retail prices in April was largely due to lower prices for pork fillet (-4%) and minced pork (-2%).

"Other cuts either experienced small negative movements or were static, with the exception of fillet end leg, which recorded a 2% increase.

"Over the longer term, price movement was mixed, with diced pork and loin chops recording the biggest price falls (-8% and -5% respectively) versus May 2015.

"This was partially offset by the 7% price increase of fillet end leg over the same period."