Keyword » prices

Pig farmgate prices steady following extended volatility

Farmgate pig prices have returned to a traditional seasonal pattern in 2017, following considerable volatility in recent years. 

Modest rise in goose prices predicted

A wet summer is expected to help move the price of goose meat up slightly, according to the chairman of the British Goose Producers (BGP) John Franklin.

Foodservice meat prices buck overall trends

Meat prices in foodservice have fallen to a four-month low, at odds with most other categories in the sector. 

Pig prices continue to fall

Pig prices have experienced their largest week-on-week decline since February 2016. 

Beef prices for shoppers could soar without trade deal

The retail price of beef could rise by as much as 29% if the UK does not reach an agreement on trade when it leaves the EU. 

Processors show ‘lack of commitment’ to NI cattle producers

Meat processors have been accused of taking advantage of Northern Irish beef producers, by not providing them with fair prices.

Industry slams leaked government plan to cut migration

A government plan to curb the flow of low-skilled EU migrants entering Britain after Brexit could raise food prices and damage meat exports, critics have warned. 

Lamb producers’ shares decline in July

Retail prices for lamb remained steady in July, but producers’ shares fell during the month. 

Lack of supply results in strong farmgate beef prices

Strong farmgate prices for Scottish beef are expected to continue, due to a low number of cattle available on the market.

Beef and pork prices rise ‘dramatically’

At an 11% year-on-year increase per kg, beef prices have reached an all-time high, according to Beacon Purchasing. 

Mixed fortunes for new-season British lamb

The Welsh lambing sector has received a boost from an improved number of new-season lambs, coupled with an increase in prices. 

Lower carcase weights drives Scottish beef prices

Farmgate prices of Scottish beef are an estimated 13% higher than this time last year, according to analysis from Quality Meat Scotland (QMS). 

Scottish pig prices reach three-year high

Pig prices in Scotland have reached their highest level since mid-2014, and are 38% higher than this time last year. 

Foodservice inflation bucks traditional trend

The current exchange rate has potentially led to a “new norm” for meat and poultry inflation prices in the foodservice sector, experts have concurred. 

Prices of pigs fly high on tight supply ahead of Easter

Pig prices rose for the fourth consecutive week in the w/e 25 March on limited supplies and rising pre-Easter demand, AHDB Pork has claimed. 

Retail rivalry softens cattle price drops

Competition between discount retailers and traditional supermarkets is boosting beef sales, softening typical seasonal falls in deadweight cattle prices, according to AHDB Beef & Lamb.

Scottish pig prices reach nine-week high

Farmgate pig prices in Scotland have strengthened after a period of downward seasonal pressure during the early parts of 2017.

Scottish prime stock prices fall year-on-year

Scottish prime stock prices in 2015 were “generally” lower than the previous year, according to Quality Meat Scotland (QMS). 

Prime pig farmgate prices reach two-year high

Farmgate prices for prime pigs currently stand at their highest level since December 2014, according to analysis by Quality Meat Scotland (QMS). 

Cut price deals could damage industry, warns turkey farmer

Turkey producers have been warned that rearing birds to supply to local wholesale markets and auctions at spot prices will do long-term damage to the traditional Christmas turkey sector. 

Farmgate prices impacting incomes

Prolonged drops in farmgate prices have been blamed for the falling farm income by the National Farmers’ Union (NFU). 

Fresh turkey prices have dropped 12% year-on-year according to mySupermarket
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Fresh turkey consumer prices fall in time for Christmas

The cost of a fresh turkey has seen a year-on-year decreases as supermarkets look to offer value at Christmas. 

Food prices saw further deflation in November
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Further deflation for food prices

Food prices experienced yet more deflation in November. 

Poultry feature: Ruffled feathers

A drop in feed prices, the threat of bird flu and increased retail competition are all hitting the UK’s poultry sector, yet long-term growth is still on the cards.

Deflation continues in fresh sales

The BRC-Nielsen Shop Price Index (SPI) has reported further deflation of fresh food prices in September. 

Sainsbury's has extended its lamb season into the new year
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Sainsbury’s extends lamb season to January

Sainsbury’s has committed to extend its British lamb season until at least January 2016. According to the retailer, the decision is designed to help make the most of the increased availability of stock this season while reassuring its farmers affected by low prices. 

Beef prices settle following unpredictable year

Following an unpredictable 2015 for prime beef cattle prices, the market has relaxed to a level similar to that of 12 months ago, according to Quality Meat Scotland (QMS). 

Farm animal numbers grow in Northern Ireland

Every major species of farm animal in Northern Ireland has increased in number over the past year, according to the latest farm census figures, despite the sustained pressure on farm gate prices. 

Disparity between head and retail prices of lamb had led to Welsh farmers planning a boycott
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Welsh farmers plan #nolambweek

In response to dropping lamb prices, a group of Welsh farmers plan to withhold their prime lambs between August 1-7.

Prime cattle see a rise in prices

Prime cattle prices have risen 8% in the past four weeks, according to analysis from Quality Meat Scotland (QMS). 

Food price deflation is predicted to continue
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Retailer promotions keep food prices falling

A focus on promotion by retailers has led to another month of food price deflation.

HCC has moved to combat falling lamb prices
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HCC acts to counter falling lamb prices

Hybu Cig Cymru - Meat Promotion Wales (HCC) is to make an early start on marketing campaigns in an effort to tackle falling lamb prices.

Direct Table Foods brings home the bacon

Direct Table Foods boosted pre-tax profit and sales in the past full financial year, helped by more stable raw material prices, according to accounts posted earlier this month at Companies House. 

Chilled convenience meals see success in supermarkets.
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Changing consumer habits creates opportunity for processors

Processors willing to embrace the chilled convenience sector and create products that save time for consumers are likely to grow faster than those who focus only on primary meat products, according to Kantar Worldpanel.

Great Britain has seen an increase in lamb sales.
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Lamb sales grow in mid-June

Lambs saw a strong week during the Royal Highland Show (15-21 June).

Value set to return to meat sales

Plummeting meat prices could be coming to an end, an industry expert has predicted. Following the recent announcement that Consumer Price Inflation rose 0.1% in May, up from -0.1% in April, Kantar Worldpanel believes that meat prices could start to rise by the end of the year. 

Cull ewe price stability a lesson for supermarkets, says NSA chief

Lessons can be learned from the stable price of cull ewes, which stands in stark contrast to fluctuating lamb prices, said National Sheep Association chief executive Phil Stocker. 

Supply and demand for prime cattle starting to even up

Prices for prime cattle look to be stabilising following a redressing of the balance between supply and demand. 

Animal farm gate prices drop in March

Overall farm gate prices for animals have dropped year-on-year for the month of March. 

COOL affecting lamb prices in Northern Ireland

Country-of-origin labelling (COOL) has caused lamb prices in Northern Ireland to slump, because UK consumers are put off buying lamb labelled as being from another country, the National Sheep Association (NSA) has claimed. 

Irish body calls for end to low cattle quotes

The Irish Farmers Association (IFA) has claimed factories are attempting to lower cattle quotes in an effort to destabilise the trade and get another week’s supply at lower prices.

Sainsbury's boss, Mike Coupe
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Sainsbury’s feels discounter impact, with £72m loss

Sainsbury’s has posted a £72 million loss in its yearly results – the supermarket’s worst results for a decade.

New lamb season sees slow start

A strong sterling, low export demand, and heavy hoggs have all contributed to a slow start for the new lamb season, according to Quality Meat Scotland (QMS).

Supply-demand imbalance hits cattle prices

Cattle prices are coming under pressure from slow consumer demand and ample supply, Eblex has warned.

Beef supply and demand set to settle, says QMS

Beef prices could begin to firm up in the coming months, Quality Meat Scotland (QMS) has predicted, in welcome news for cattle farmers, who have faced falling prices during the first part of the year.

Mintec report points to difficult trading period for UK meat industry

The latest Mintec update on meat and livestock, published 17 April, paints a disappointing picture of falling prices and challenging circumstances, including the Russian ban on EU pig meat, creating difficult trading conditions across much of the UK industry.

Opening US and China remains top priority, says Northern Irish meat processor

With the election only weeks away, opening up export markets in the US and China should be regarded as an economic and political priority, according to the CEO of food and feeds company Fane Valley.

Pressures on UK beef price

UK beef prices are coming under pressure from a range of factors, experts in Scotland have claimed.

AHDB points to steady recovery for cattle

For the cattle sector, 2014 was a rollercoaster year, with prices at one point falling back to the same levels of 2012, the beef and lamb session at the Agriculture & Horticulture Development Board’s (AHDB) Outlook Conference were told.

Drop in farmgate pig prices, as productivity improves

UK farmgate pig prices are around 16% lower than last year in a “challenging” market, according to the latest research by Quality Meat Scotland (QMS).

Welsh body reports on subdued beef demand in 2014

Hybu Cig Cymru – Meat Promotion Wales (HCC) reported a “testing time” for beef producers as it reflected on 2014.

QMS head of economics Stuart Ashworth
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QMS reports strong 2015 start for sheep

The sheep market is seeing a firm start to 2015, with hogg prices stronger than is typical at this time of the year, according to Quality Meat Scotland (QMS).

Welsh meat body reviews lamb performance

As it looked back over the last 12 months, Hybu Cig Cymru – Meat Promotion Wales (HCC) reported a “fluctuating market for lambs” in 2014.

Cattle market begins to stabilise

The cattle market is “demonstrating stability” as the year draws to a close, according to Eblex.

NFU voices concern over abattoir waste charges

The National Farmers’ Union (NFU) has claimed that abattoir waste charges have been hiked up in recent weeks, and has called on processors to explain the rises.

Beef prices to strengthen as supplies slow

Tighter local and global beef supplies are expected in 2015, and this will help to underpin GB producer prices, according to experts. 

Scottish lamb prices up slightly on 2013

Farm gate lamb prices are slightly ahead of last year according to the latest market update from meat promotion body Quality Meat Scotland (QMS).

QMS points to firmer cattle and sheep prices, but a tough pig market

Cattle and sheep prices have strengthened over recent months, but Scottish pig prices continue to struggle, according to Quality Meat Scotland (QMS).

Firmer beef prices expected in 2015

Beef cattle prices will become stronger next year amid tighter supplies, according to the latest market update from Eblex.

Sainsbury’s to invest £150m in price cuts

Sainsbury’s has announced a £150m investment in price cuts as it revealed a 2.1% fall in like-for-like sales.

Irish beef farmers continue protest at UK price gap

Thousands of Irish beef farmers have staged another protest outside meat factories as anger grows over the price gap with the UK.

Big rise in chicken feed prices

Government figures show that the cost of chicken feed has risen significantly more than feed for other livestock.

Irish farmers stage cattle price protest

Irish beef farmers are to stage a blockade outside abattoirs today in a 24-hour protest over the price gap between Irish and UK cattle prices.

Lamb prices start to rise

Lamb prices are beginning to pick up after declining over recent months, but they still remain lower than last year, according to Quality Meat Scotland (QMS).

HCC brings forward campaign to support Welsh Beef

Welsh red meat promotion body Hybu Cig Cymru (HCC) has brought forward its new marketing campaign, promoted by the Welsh rugby team, in reaction to falling market prices.

Defra pig census reveals lower farmgate prices

Although UK pig prices remain some of the highest in Europe, UK pig farmgate prices are 9% lower than this time last year, according to Quality Meat Scotland (QMS).

Sheep prices set to struggle into 2015

The UK sheep trade is set to remain under pressure into the new year due to various reasons, according to Eblex.

QMS outlines reasons for fall in lamb price

The current auction market price of lamb is lower at this time of year than it has been for more than four years, and a complex range of factors is the reason why, according to Stuart Ashworth from Quality Meat Scotland (QMS).

QMS points to ‘cooling’ pig prices

Quality Meat Scotland (QMS) has highlighted the “cooling” of pig prices, suggesting there are more pigs on the market.

Farming unions slam retailers over beef price share

UK farming unions have called for retailers to increase farmers’ share of beef prices, “or risk undermining future supplies”.

Lamb prices begin to stabilise amid uncertainty

Uncertaintity of demand is causing a “boom and bust” trend in the lamb market causing volatile prices.

Supermarket rivalry hits food inflation

Food deflation “deepened further” in July, due to intense competition, according to the British Retail Consortium (BRC).

Pig prices fall to lowest point since April 2013

Pig prices have fallen to their lowest point since April 2013, as higher supplies and subdued demand have combined to produce a similar picture to that in the sheepmeat and cattle sectors.

Concern over lamb prices deepens

Another meat body has expressed its concern at the fall in lamb prices as supply increases.

Meat body reports cooling for lamb prices

Lamb prices have cooled over the past five weeks, due to a strong sterling and extra availability of lambs on the market, according to Quality Meat Scotland (QMS).

Pig prices see early dip

Producers’ pig prices have eased a little earlier than expected this year, but future prospects are positive, according to Quality Meat Scotland (QMS).

International backdrop to beef price volatility

A “complex international market” has highlighted price volatility in the Scottish beef market, according to Quality Meat Scotland (QMS).

NFU urges industry to ‘take responsibility’ on beef

The National Farmers’ Union (NFU) has met with union leaders to discuss falling beef prices and called for processors, retailers and caterers to “take responsibility”.

Lamb in plentiful supply

Good spring weather has led to an increased number of lambs reaching the market, with auction prices firm, according to Quality Meat Scotland (QMS).

Eblex launches app

Eblex have made it easier for farmers and processors to access beef and sheep prices through a mobile app, after research suggested digital tools would be beneficial.

Cattle supplies set to tighten in 2014

According to research by Quality Meat Scotland (QMS), cattle supplies are set to tighten throughout 2014, easing pressure on farmgate prices.

Irish beef imports put pressure on Welsh supply

An increase in Irish beef imports has resulted in a dramatic fall in prices of Welsh steers according to the Welsh red meat body Hybu Cig Cymru (HCC).

HCC reveals fall in beef prices

According to Hybu Cig Cymru – Meat Promotion Wales (HCC) and Quality Meat Scotland (QMS), an increase in the UK’s supply of prime cattle and an uplift in imports, alongside subdued consumer demand, have caused a fall in beef prices in recent months.

Growth in meat market hides decline in consumption

A gradual decline in the consumption of meat products has been disguised by rising costs and the impact of inflation, according to a new report from Key Note.

Prices up 6% for prime sheep in Scotland

The price that Scottish producers are receiving for prime sheep at auction continue to hold at 6% up on this time last year, according to the latest data from Quality Meat Scotland (QMS).

GB sees finished pig prices up year on year

Finished pig prices have remained 5-6% up year on year, according to Quality Meat Scotland (QMS), despite the seasonal dip normally experienced early in the new year.

Volatile prices create uncertainty in sheep industry

Price volatility in the sheep sector remains a huge problem, and market experts expect fewer lambs to be hitting the market this year, delegates to the Outlook Conference in London were told.

Welsh cattle prices down, due to cheap imports and festive hangover, says HCC

A traditional January fall in demand along with increased quantities of Polish and Irish beef available have led to a fall in Welsh cattle prices, according to Hybu Cig Cymru (HCC) - Meat Promotion Wales.

Feeling the pinch

This time last year, the biggest problem for the pork sector was the divergence between volume and value, with supermarket promotions blamed for poor returns to producers. Twelve months on and the same tension between retailers and producers exists, but Kantar Worldpanel data reveals that the amount of pork sold on promotion has fallen by 6% year-on-year. This has brought a reversal of the recent trend for volume to outstrip value, with volume declining by 0.4% while value rose 6.1% in the 52 weeks to 10 June 2012, bringing the total market value to £935m.

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