Is this the last straw for pigs?

[Pan mixer]

Just when I thought things were turning a corner the feed price increase has put the economics of carrying on in pigs into even more dubious territory.

It wouldn't be so terminal if we had a heap of money in the bank from profitable production over the last year and more but that piggy bank has been empty for a while.

Last week I was quietly optimistic, now I have turned a corner - how about you others?

 

[Nearly]

In 6 months time you'll be able to sell pork on the trotter.

 

[Jon]

The knock on effect to the mills and beyond is very worrying.

 

[Suffolk Serf]

Been doing the sums this morning.
The pig price will have to rise rapidly to well over 200ppkg to make the job make the remotest sense.

 

[Werzle]

Feed costs going forward will cripple the pig job

 

[Suffolk Serf]

German pig price up 25 euro cents this week, in addition to over 30 cent rise before that. Makes their price now 175 cents/kilo, which translates to 145ppkg, which is ahead of us.
Must be game on for us now surely?

 

[bitwrx]

German pig price up 25 euro cents this week, in addition to over 30 cent rise before that. Makes their price now 175 cents/kilo, which translates to 145ppkg, which is ahead of us.
Must be game on for us now surely?

At the very least, we can expect fewer 'breakdowns' now...

Quarterly meeting with the bank manager this avo. My take-homes:
1 they're concerned enough to have us on quarterly meetings.
2 they're not so concerned that they've stopped us trading.

I'm with the Serf. Game on!

 

[Nukemall]

Time for the processors to take ownership of this problem and increase their contract contributions by 25p a week to make a meaningful increase in the app.

 

[Pig out]

Time for the processors to take ownership of this problem and increase their contract contributions by 25p a week to make a meaningful increase in the app

 

[Pig out]

Would be great, can’t see it! So sick of losing money, I hate opening my feed statement

 

[LT1]

To back up with Serf said, German market is short of its own pigs. Met a producer today, who sold pigs to a UK abattoir as overweight pigs and gave him a reasonable price for them considering they’re overweights and he was told they’re cutting them in half and exporting them straight to Germany!!
German weaner price has jumped 14 euro in the week as well.
Rumour has it too the Chinese need around 40000 ton of pork to meet there own demands!

 

[Pan mixer]

To back up with Serf said, German market is short of its own pigs. Met a producer today, who sold pigs to a UK abattoir as overweight pigs and gave him a reasonable price for them considering they’re overweights and he was told they’re cutting them in half and exporting them straight to Germany!!
German weaner price has jumped 14 euro in the week as well.
Rumour has it too the Chinese need around 40000 ton of pork to meet there own demands!

The Chinese reckoned the other week that their pig industry was back and firing on all cylinders?

I really need something to change, soon and a lot.

Last week the decision was rent or fertiliser, I chose rent, this week I may have to chose not feeding some pigs soon if the cereal prices stay where they are.

We had a price drop 2 weeks ago, surely that must be the last and a subsatntial increase is due this week?

 

[som farmer]

l was surprised to see cull sows at exeter over £100, just hope its a positive sign for producers. 2 weeks ago at frome, decent i/pig sows sold to kill, £30's. But you have had a hiding, but food price is what it is, and if they want pork, they will have to pay, because if they don't, you can't produce them.

 

[JP1]

Spoke with yet another producer today who's made the hard decision to stop today, last pigs will leave his farm September

 

[Pan mixer]

Spoke with yet another producer today who's made the hard decision to stop today, last pigs will leave his farm September

Hard decision indeed, my sympathy to him or her. It is a bit like being in a casino and wondering whether the next spin of the wheel will give you a jackpot at the moment.

 

[Old Tup]

Hard decision indeed, my sympathy to him or her. It is a bit like being in a casino and wondering whether the next spin of the wheel will give you a jackpot at the moment.

When you borrowed the Quid to put the stake on….

 

[maen]

It is a sad reflection in UK farming that our ‘contracts’ are so weak. The milk contracts have improved and are more robust to reflect the market. The same cannot be said about done pig and egg contracts. Now might be a good time to reread them. If they were an insurance policy would you buy it. Think about the market you are selling into and where the completion is. If their is no great completion then you probably have a problem or in other works ‘ a breakdown’ in the market.
A contract should not just be a supply only contract it should mention price.

 

[ollie989898]

It is a sad reflection in UK farming that our ‘contracts’ are so weak. The milk contracts have improved and are more robust to reflect the market. The same cannot be said about done pig and egg contracts. Now might be a good time to reread them. If they were an insurance policy would you buy it. Think about the market you are selling into and where the completion is. If their is no great completion then you probably have a problem or in other works ‘ a breakdown’ in the market.
A contract should not just be a supply only contract it should mention price.

Milk, pig and egg contracts need to be strengthened. It's a fudging shame as the pig job has been through some serious troubles in the last 10-15 years I know and a lot of people have invested and built some good quality infrastructure and really do put their heart into proper pig husbandry. That said, if people want to give a salute to the retailers and processors by saying enough is enough, I think we understand that but really hope the rest of the food chain gets the message.

 

[LT1]

xxxxxxxxx have announced a 16P/KG rise in pig price today, 20P rise in cull sows too

 

[Nukemall]

German price up to €1.99 apparently. Let's hope ours gets there and beyond ASAP.