Prices are beginning to rise on the bacon markets this week.
Danish prices were set to go up, with backs looking likely to rise quite substantially said some traders. Gammons had already risen and there was growing pressure on the price of legs to follow suit.
Dutch traders described the market as ‘bullish’ with German demand driving high prices for pigs in Holland and holidays leading to a shorter kill.
British traders, meanwhile, said the market was mixed, with some cuts, such as legs and shoulders strong while others, such as bellies, remain weak. However, bellies are anticipated to gain ground through export.