Recently published figures from the Livestock Auctioneers Association show that the number of pigs sold at auction in England and Wales in 2010 have increased on previous years. This is coupled with auction marts competitive live weight prices and premiums paid for specific weights and quality.
In 2010 over 44,000 store and breeding pigs were sold compared with 39,000 in
2009 and 34,000 in 2008. The number of slaughter stock rose to 113,000 compared to 110,000 in 2009 and 97,000 in 2008.
"The upward trend of pigs being sold through markets is encouraging. Numbers have been increasing year on year. It confirms the benefit that buyers have of being able to select before they buy", said Chris Dodds, Executive Secretary of the Livestock Auctioneers Association.
"Markets are clearly providing pig producers with a viable and effective alternative way of selling, giving them flexibility, transparency and a true market price for their stock," added Mr Dodds.
According to auctioneers Chris Cubley and Co. in Selby, Yorkshire, prices are as high as they have been for many years. "There is a strong demand and we are selling at up to 135p per kilogram live weight," said Mr Cubley. This view was supported by Ralph Ward of auctioneers Frank Hill and Son of Hull who confirmed a significant demand for live weight pigs from retailers and wholesalers alike.
According to auctioneer Richard Tasker of York Auction Centre, the number of pigs sold as well as the prices are up. "These figures further substantiate the continuing strength of the live auction and its value as an alternative marketing system. There is also strong support from buyers keen to acquire to their own specification whether it be quality or provenance," stated Mr Tasker.
Overall this is a very healthy endorsement for pig producers using the auction marts. Numbers and prices are up which shows that market forces prevail," added Mr Dodds.