Producers share of retail price still low, but rising slowly
The producerā€™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."