Falling numbers of pigs heading for slaughter has seen production dip 2.5%, leading to optimism on the pig price across the UK. However, the market is still 5.5% down on prices 12 months ago, sitting at £1.37/kg for the average GB pig price.

“Prices have edged forward as the number of pigs reaching UK abattoirs has dipped well below last year’s levels,” said Stuart Ashworth, QMS director of economics services.