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Chinese officials offer several reasons for the high pig prices.
"Pig prices held right to the end," she said.
Over the year pig prices increased from 140p per kilo to 158p.
The operating margin was +10bp to 6.4% and should improve in H2 given the decline in pig prices.
Pig prices have been going down, and of course this time there is nothing else to sell but the yard.
The price of pork followed pig prices higher in May as well, to the dismay of shoppers.
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"This transparency and the direct linking of pig price to increasingly volatile costs of production should bring benefits to the whole chain through fairer sharing of risk and reward.
To the horror of urban consumers, six million baby pigs got their throats slit, but hog prices did rise.
Poultry and pig meat prices moderated somewhat in 2004, but bovine meat prices continued to surge as disease problems and higher feed prices depress output and trade prospects.
Berkshire pig transaction price is influenced by factors including the age of the pig, the number of offspring and the prevailing pork price.
According to consultancy Mintec, the price of "pig deadweight" – essentially the price farmers receive for slaughtered pigs – is 18% higher than a year ago, at around £150 per 100kg.
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CEO of Professional Science Editing for Scientists @ prosciediting.com