Ukraine: Retail pork prices rose in May

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Prices for pork in national retail chains in May were higher than a month earlier, according to the analytical department of the Association of Ukrainian Pig Breeders, based on the results of monthly price monitoring.

In May, the dynamics of prices for the purchase of pork and its final sale were out of sync, analysts of the AUPB say: 

"While live pork in May was 4.9% cheaper than in April, chilled pork semi-finished products, on the contrary, went up by 2.5%. At the same time, prices for pork neck and thigh, which are popular during the picnic season, rose most noticeably, up 5.8% and 5.3% on the average price in the previous month. However, other parts also increased in price: loin, tenderloin and brisket went up by 2-2.6%."

"The price dynamics in the pork market in May showed that retail prices are not directly dependent on domestic prices for slaughterhouse pigs, as consumer prices depend on a number of other factors at each stage of the value chain. 

However, the activity of buyers affects the price of pig farms, which was observed against the background of weakening trade after the Easter holidays,’ the industry association comments.

Unlike pork, chicken prices fell slightly in May. The average price for chilled semi-finished chicken products was 0.7% or almost UAH 1 per kg lower than in April. Despite the multidirectional changes in average prices, analysts of the Association of Ukrainian Pig Breeders state that in late spring their dynamics were more consistent and had a positive impact on pork consumption.

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