Conflicting price and supply trends in the pigmeat markets are highlighted again by the latest data from British industry and major producers overseas.
Worldwide availability of pigmeat looks good for buyers, yet in the UK and some of the biggest markets on the Continent, raw material remains relatively scarce, with prices much firmer than would normally be expected at this stage in the production cycle.
Domestic supply is still tight, DEFRA's latest UK farm census results show the breeding herd in June is 10% smaller than a year earlier with about 6% fewer clean pigs in the pipeline for processors.