Price Trends 2019

THE YEAR OF THE PIG

 

General

we will no doubt all experience a volatile time in the meat trade this year

Sterlings wild fluctuations and the brexit conundrum will probably severely affect supply and demand .
The Brexit situation is undoubtely creating much confusion in the economic outlook within the euro area and the UK

Some producers are saying it best to stock up in case of supply disruptions !

The same comments appear to be relevant now as it was in feb.

The real problem now is where prices will be in october once we know if brexit happens !and will we be able to run with our present EU suppliers ?!

IWP BONELESS PORK COLLARS x 13.6 KG

Last year we witnessed a huge price rise from around £2.15 to £2.65 .  This year we have seen prices rising to around the £2.85 level . The problem now is will prices escalate with the shortage of pigs in China adding to world wide demand.. Sterlings depreciation against the Euro and ofcourse the Brexit position is muddying the waters when trying to ascertain where the levels could be.

we feel it is best to buy from hand to mouth at present levels until the brexit position is made clearer.

 

BRAZ CHICKEN BREAST FILLETS x 15kg HCLP

The trade experienced high prices last year - around £3.20 plus per kg -with some financial problems and slack demand we witnessed prices dropping to around £2.65/70.

however demand improved and sterling dropped against the dollar so prices this year have improved to aropund the £2.95 level although demand seems to be rather slack.

We feel it prudent to buy from hand to mouth as supplies at present do not seem to be a problem although costs are increasing as we see a stronger dollar.


STANDARD BELLY RIBS x10 KG CARTONS

Here again heavy demand for export has caused prices to rise appreciably due to ASF prevailing in Asia and eastern europe.

prices have risen substantially this year for good quality and semi meat ribs from £1.70 to £2.80

we are now in the summer and the demand from China is still good so, coupled with the summer barbeque, we cannot see prices dropping any where soon

. One to watch !

CHILLED BEEF PAD

We have seen very volatile prices recently with the overall trend downwards

we can only assume that prices are dropping due to the very slack demand at present together with the adequate supplies available. 

however prices are now biginning to rise as we approach the xmas period

As we are dealing mainly with chilled product we are wondering what the position will be after the 31st october

Certainly one to watch

 

CHIPS CHILLED  and FROZEN 2x5 KG CARTONS    LUTOSA grade A 14mm

Supplies are now beginning to meet demand and the new crop appears to be in good order.

We are therefore having to adapt to more consistant prices than we thought was possible some time ago but we feel the present levels are maintainable albeit with possibly some adjustments due to the better supply position

 

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For any views on the following products please do not hesitate to contact the undersigned

Chix breast fillets
CHILLED / FROZEN PAD TOPSIDES CAP OFF VAC PACKED
CHILLED RUMP TAILS PAD
CHILLED FLANK STEAKS PAD
LOIN RIBS, parallel cut wide X10 KG CARTONS L/P
U.K PRODUCED MEATY AND STANDARD BELLY RIBS

THE ' KINGSLEY KING ' rib

BONELESS PORK COLLARS X 13.6 KG

semi meaty x 10 kg cartons

The  TQ ( Top Quality ) Mega Meaty belly rib x 10 kg

frozen and chilled CHIPS  14x14ml and 10 x 18ml  and 10 x 10 ml  ' LUTOSA ' production

For any further information and uptodate quotations please do not hesitate to contact
Ray Thornton 07796 177701 / 01702 471777
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keeping together is progress

working together is success

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Remember :-Sir John Templeton once quipped " Bull markets are born on pessimism - grow on skepticism - mature on optimism - DIE on euphoria "

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A Pessimist sees the difficulty in every opportunity

An optimist sees the opportunity in every difficulty

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