Chairman of the IFA Pigs Committee Pat O’Flaherty said the price situation on the continent saw further improvements this week with France and Spain receiving price increases.
Northern European prices, similar to Irish prices, remained unchanged on this week.
Reports from the UK suggest that some producers are considering exiting the industry if there’s no lift in prices soon as the current situation has become unsustainable.
Improved margins must be passed back to the producer if farmers are to survive and continue to produce pigmeat.
Factory pig throughput in Republic of Ireland export plants for the week ending January 16th 2016 was 63,123 head which was 139 head more than the previous short week and 3,199 more than in the corresponding week in 2014.
Slaughtering’s in ROI export plants is 45.1% ahead of the same period in 2014.
Export Plants: Top prices on a flat rate basis </= 140/kg cent/kg in Dawn and </=139 cent/kg in Rosderra Meats, Karro Northern Ireland ~139c/kg.
The price range is </=140 cent/kg.
Sows: 50 – 55c/kg DW.
Weekly Slaughtering’s: Week-ending 16/1/2016 Pigs: 63,123 Sows: 2,212
EU-27 PIGMEAT REFERENCE PRICE WK COMMENCING 11/1/16
Irish price €1.35kg
EU–27 average price €1.27kg
(Grade E pigs – 55% to 60% lean meat excluding VAT but including transport and bonuses).
Pig prices reported to IFA week-commencing 25/01/16
Rosderra </= €1.39/kg
Dawn </= €1.40/kg
Staunton’s </= €1.40/kg
Kepak </= €1.38/kg
Karro </= €1.39/kg