Pig market: 30/01/2017

Prices reported to IFA

Rosderra: = €1.60/kg

Dawn: = €1.60/kg

Staunton’s: = €1.60/kg

Kepak: = €1.60/kg

Karro: = €1.63/kg

(All prices dependent on grading of pigs)

Comment: There has been a noted increase in activity from pig processors to secure sufficient supplies in recent days, with most procurement managers concerned that the number of pigs presented for slaughter will reduce slightly in the coming weeks. While the quotes remain unchanged, prices of up to 4c/kg above these prices have been paid for spot loads of pigs. The greatest demand was once again from the northern part of the country and in the north of Ireland. Chair of the IFA pigs committee Tom Hogan called on all processors to increase pig prices by at least 2c/kg this week to ensure pig farmers have a chance of profitability in 2017.