UK pig producers see profit of £16 per head during Q1 2024

UK pig producers have, on average, recorded a profit of £16 per head during the first quarter of 2024, the latest figures published by AHDB show.

This was the fourth successive quarters of positive margins, averaging £20/head, after a net margin of £19/head in Q4 2023 and £22/head and £25/head respectively in Q2 and Q3.

This followed 10 successive quarters of losses, which exceeded £50/head during the first half of 2022, with total industry losses estimated to have exceeded £750 million over that period.

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