Comment: To the disappointment of all pig farmers, there was no official increase in the Irish pig price again this week. Most suppliers are receiving around the €1.40c/kg mark for their pigs, but there is considerable variation above this price point. Many suppliers who have bargained hard with their factory received increases of 2c to 4c/kg over the past two weeks. All signs still indicate that market returns justify a significant price increase to a minimum price of €1.50c/kg. It is clear that the main export plants have a target of holding official quotes at current levels until the end of March, but industry sources indicate that all pig processors definitely have the ability to increase prices now. The backlog of pigs created by Storm Emma two weeks ago has been cleared and this is testimony to the good demand for pigmeat, both in the domestic and export markets.
Register for free to read this story and our free stories.
This content is available to digital subscribers and loyalty code users only. Sign in to your account, use the code or subscribe to get unlimited access.
The reader loyalty code gives you full access to the site from when you enter it until the following Wednesday at 9pm. Find your unique code on the back page of Irish Country Living every week.
CODE ACCEPTED
You have full access to the site until next Wednesday at 9pm.
CODE NOT VALID
Please try again or contact support.
Pig market: 12/03/2018
Prices reported to IFA
Comment: To the disappointment of all pig farmers, there was no official increase in the Irish pig price again this week. Most suppliers are receiving around the €1.40c/kg mark for their pigs, but there is considerable variation above this price point. Many suppliers who have bargained hard with their factory received increases of 2c to 4c/kg over the past two weeks. All signs still indicate that market returns justify a significant price increase to a minimum price of €1.50c/kg. It is clear that the main export plants have a target of holding official quotes at current levels until the end of March, but industry sources indicate that all pig processors definitely have the ability to increase prices now. The backlog of pigs created by Storm Emma two weeks ago has been cleared and this is testimony to the good demand for pigmeat, both in the domestic and export markets.
If you would like to speak to a member of our team, please call us on 01-4199525.
Link sent to your email address
We have sent an email to your address. Please click on the link in this email to reset your password. If you can't find it in your inbox, please check your spam folder. If you can't find the email, please call us on 01-4199525.
ENTER YOUR LOYALTY CODE:
The reader loyalty code gives you full access to the site from when you enter it until the following Wednesday at 9pm. Find your unique code on the back page of Irish Country Living every week.
SHARING OPTIONS