Pork prices have come close to last year's: will they last?

Europa

Analysts of the Association "Pig Farmers of Ukraine" note a slight decrease in retail prices for chilled pork semi-finished products on the shelves of national retail chains. Learn more about the results of the monthly monitoring of retail prices for pork below.

 

During November, prices for chilled pork on supermarket meat counters were slightly lower than a month earlier, according to the analytical department of the Association "Pig Farmers of Ukraine":  "If in October the average price of a kilogram of pork fluctuated within 207.5–209 UAH/kg, then in November we recorded a decrease in this range to 203.5–207.5 UAH/kg. So, according to the results of the last month of autumn, consumers paid 1.1% or 2.2 UAH/kg less than the previous one - 205.7 UAH/kg.

At the same time, the purchase prices of pork for the corresponding period were slightly higher than in October: a kilogram of pork with slaughter weight cost an average of 61.2 UAH/kg, which is 5.9% higher than in October. However, although retail prices have become closer to last year's (in November 2023, the average price of a kilogram of pork was 204.4 UAH/kg), prices for pigs in slaughter condition were 13.6% lower than in the corresponding period last year," inform ACS analysts. "The change in prices of the main cuts - shoulder blades, briskets, thighs - was limited to 1%. In contrast, the price tag of the neck, which previously reflected the rise in pork prices most noticeably, in November, on the contrary, decreased by 4.1%.

In general, the decrease in final prices for pork in November is quite typical for this period, as it reflects a decrease in consumer purchasing activity with the beginning of the heating season and before the start of the winter holiday period," the Association adds.