Prices remain the same as last week for Irish pigs, with Irish prices lower than other EU countries.
  • ADDED
  • 2 years ago

Prices remain the same as last week for Irish pigs, with Irish prices lower than other EU countries.

The official pig price quotes remain static around €1.70c/kg, thats according to the IFA's Pigs Chairman Mr. Tom Hogan.

Irish pig farmers still lag a bit behind its European counterparts when it comes to pig prices.

There has been upward movement in both the slaughter pig price and weaner trade, in Germany, Holland, Spain, the UK and France over the past few weeks. Processors in these countries have been paying above the current Irish price of €1.70c/kg.

As a result, Ireland is now below the EU average price putting further strain on Irish pig farmers.

Tom Hogan, IFA Pigs Chairman, called for processors to lift prices up to at least €1.80c/kg.

He also said that Ireland’s percentage of the EU price has improved, slightly, and is currently 94% of the EU average price as reported to the EU Commission for the week commencing
22/05/2017.

Mr. Hogan said that Factory pig throughput in Republic of Ireland export plants for the week ending May 27th 2017 was reported at 62,123 head. This is a total of 891 less than the previous week and 1,609 more than the same week in last year.

Slaughtering’s in Irish export plants are -1.2% behind the same period in 2016.

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