Pig market: 05/12/2016

Prices reported to IFA

Rosderra: = €1.58/kg

Dawn: = €1.60/kg

Staunton’s: = €1.60/kg

Kepak: = €1.56/kg

Karro: = €1.60/kg

(All prices dependent on grading of pigs)

Comment: IFA national pigs committee chair Pat O’Flaherty said EU pig price increases three weeks in a row is a reflection of how supplies have reduced. In the German market, there is a brisk demand for processing products, as well as fresh meat, with resulting increases paid (+3/kg). Retailers are still telling the IFA that they are unable to source quantities of Irish backs to fill their orders, saying meat is not available and they are not actually reaching price negotiations at all. According to the AHDB, the UK pork market is being targeted for promotion and their price differential is once again “too high”, despite increasing EU prices. Irish pork needs the same treatment, if you can get it, that is.