Irish pig prices remain stable this week at €1.70c/kg, but spot loads have been paid in excess of this price.
There are many suppliers that have done deals to supply pigs to their processor at higher prices according to the IFA.
In the North processors becoming more anxious has led to increased quotes offered, prices ranged from E1.72 up to E1.74 per kg.
Current prices are at a level 12.5% higher than last years although Irish prices still fall behind Europes high average of E1.75 per kg.
Irish Pig farmers though are still waiting in anticipation of a prise rise to at least the same as EU prices.
Irelands percentage of EU pig prices is currently at 94% for the week starting on June 12th.
Factory pig throughput in export plants was 62,282 for the week ending June 17th. This was 9,456 more than the previous week, and 1,822 less than the same period of 2016.
Slaughterings in export plants are -1% behind the same period of 2016.
Export Plants: Top prices on a flat rate basis
Sows: 95 – 110c/kg DW.
Weekly Slaughterings: Week-ending 17/06/2017 Pigs: 62,282 Sows: 1,698
EU-27 Pigmeat Reference price week commencing 12/06/17
Irish price €1.66kg
EU–27 average price €1.77kg
(Grade E pigs – 55% to 60% lean meat excluding VAT but including transport and bonuses).