Three days after European Commissioner for Agriculture Phil Hogan announced new rules regarding the opening of private storage aid in the pigmeat sector were in force, almost 9,000t of pigmeat was placed in the scheme.

This is according to the first report released by the European Commission, whom member states must notify twice a week of the quantities submitted into storage.

The new measure provides EU funding to help cover the costs of storing certain pigmeat products for periods of three to five months.

ADVERTISEMENT

140t from Ireland

Ireland accounted for 140t of pigmeat in the 90-day storage option, which makes up 1.55% of all submissions.

Spain made most use of the aid, accounting for 29.82% of all pigmeat placed into storage. Spain is nearly 150% self-sufficient and is the EU’s second-biggest pigmeat producer.

This was followed by the largest EU producer, Germany, which applied for 1,885t or 20.96% of the total intake.

Legs account for most private storage

As predicted by the Irish Farmers Journal last week, Ireland did not place much product into storage except for legs, which are experiencing some difficulty on the markets at present. Of all meat cuts taken in, legs made up the vast majority, accounting for over 60% of all pigmeat placed into storage. Accounting for another 16.5% was fat, which was not previously covered by private storage aid.

Read more

Continued pressure in Northern Ireland pig sector