Irish pig prices must rise over the €1.50/kg cost of production mark over coming days and weeks, the chair of IFA pigs committee Tom Hogan has said.

Pig prices have stood at the €1.40c/kg to €1.42c/kg level for the past number of weeks in Ireland. At this week’s price of €1.40c/kg, every pig that leaves a pig farm is leaving a loss of up to €10/pig, he said.

A number of factors provide justification for a significant price increase, including Chinese markets in particular picking up over recent weeks and the tightening of supplies of pigs across the EU, Tom Hogan has told the Irish Farmers Journal.

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