Farmers here would need €1.54/kg to break even. \ David Ruffles
ADVERTISEMENT
Pig farmers need another 5c/kg from meat processors this week just to break even, according to pig farmer and IFA Monaghan chair Frank Brady.
German pig prices have increased by 21c/kg over the past four weeks, while Irish pig prices have risen by just 10c/kg during the same period.
Farmers here would need €1.54/kg to break even, according to Brady, but they are averaging €1.48/kg to €1.52/kg across the country.
ADVERTISEMENT
“Farmers have held off on investing in their piggeries for the last year through lack of cashflow and they need this money to start reinvesting on their farms again and get them performing at the optimum level,” he said.
Shortage
With more than 2m sows culled in China in December and January, Brady said there would be a major shortage of pigmeat and a reduction in feed demand and everyone, including processors and farmers, could benefit.
Register for free to read this story and our free stories.
This content is available to digital subscribers and loyalty code users only. Sign in to your account, use the code or subscribe to get unlimited access.
The reader loyalty code gives you full access to the site from when you enter it until the following Wednesday at 9pm. Find your unique code on the back page of Irish Country Living every week.
CODE ACCEPTED
You have full access to the site until next Wednesday at 9pm.
CODE NOT VALID
Please try again or contact support.
Pig farmers need another 5c/kg from meat processors this week just to break even, according to pig farmer and IFA Monaghan chair Frank Brady.
German pig prices have increased by 21c/kg over the past four weeks, while Irish pig prices have risen by just 10c/kg during the same period.
Farmers here would need €1.54/kg to break even, according to Brady, but they are averaging €1.48/kg to €1.52/kg across the country.
“Farmers have held off on investing in their piggeries for the last year through lack of cashflow and they need this money to start reinvesting on their farms again and get them performing at the optimum level,” he said.
Shortage
With more than 2m sows culled in China in December and January, Brady said there would be a major shortage of pigmeat and a reduction in feed demand and everyone, including processors and farmers, could benefit.
If you would like to speak to a member of our team, please call us on 01-4199525.
Link sent to your email address
We have sent an email to your address. Please click on the link in this email to reset your password. If you can't find it in your inbox, please check your spam folder. If you can't find the email, please call us on 01-4199525.
ENTER YOUR LOYALTY CODE:
The reader loyalty code gives you full access to the site from when you enter it until the following Wednesday at 9pm. Find your unique code on the back page of Irish Country Living every week.
SHARING OPTIONS