There was no official increase in pig prices quoted for this week, but it is obvious talking to farmers that the trade has moved on again, and it is clearly a sellers’ market.
Quotes range from €1.66c/kg up to €1.70/c/kg but prices in excess of €1.72/kg have been paid. Farmers receiving prices on the lower range of these quotes can be assured they are being short changed by their processor and should be demanding a significant increase.
IFA pig committee chair Tom Hogan said €1.70c/kg is an achievable minimum price for all pigs heading into next week, and he called on processors to lift quotes to at least this level. All indications point towards a continued strong pigmeat market, on both the domestic and export fronts, for the coming months. Strong demand and extremely low levels of product in stock indicate a continued rise in Irish pig prices.
There was no official increase in pig prices quoted for this week, but it is obvious talking to farmers that the trade has moved on again, and it is clearly a sellers’ market.
Quotes range from €1.66c/kg up to €1.70/c/kg but prices in excess of €1.72/kg have been paid. Farmers receiving prices on the lower range of these quotes can be assured they are being short changed by their processor and should be demanding a significant increase.
IFA pig committee chair Tom Hogan said €1.70c/kg is an achievable minimum price for all pigs heading into next week, and he called on processors to lift quotes to at least this level. All indications point towards a continued strong pigmeat market, on both the domestic and export fronts, for the coming months. Strong demand and extremely low levels of product in stock indicate a continued rise in Irish pig prices.
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