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The only way is up...

The DAPP in the UK finally began to follow the upward movement in pig prices across the EU. The supply of British pigs remains stable for the moment amid rumours that many producers would cease production unless prices improved rapidly.

British pig prices finally followed the upward trend in prices across the EU during September, having been pinned back by the strengthening of the £ against the Euro in recent months, and the DAPP (Deadweight Average Pig Price) finally breaking through the 150p per kg barrier.

Despite the recent increases, the price level still fell well short of the average cost of GB production, which remained at the 170p per kg mark.

While there was anecdotal evidence that some producers were considering or had already decided to stop serving their sows, the official market statistics suggested that current pig supplies had remained relatively stable to date.

The DEFRA pig census in June indicated that overall GB pig numbers remained above the 2011 level, although there had been a small decline in the breeding herd.

Weekly GB pig slaughterings remained above the 160,000 level for most of August and September.