Pig market: 06/02/2017

Prices reported to IFA

Rosderra: = €1.60/kg

Dawn: = €1.60/kg

Staunton’s: = €1.60/kg

Kepak: = €1.60/kg

Karro: = €1.64/kg

(All prices dependent on grading of pigs)

Comment: Chair of the IFA pigs committee Tom Hogan said although quoted prices once again failed to show any movement, it was clear that there was intense competition between some factories to secure a sufficient supply of pigs this week. There is a big variation in the highest and lowest prices being paid for pigs across Ireland. Hogan said: “If a factory can pay out an extra 6c/kg to secure a steady supply of pigs from larger pig farmers, or even for a spot load of pigs to fill up the kill, then it is clear that a rise in base quotes well above €1.60/kg is justified.” The greatest competition is once again coming from the midlands and Northern Ireland processors.