Pig market: 20/11/2017

Prices reported to IFA

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Comment: Chair of the IFA pigs committee Tom Hogan said the Irish pig price remained relatively the same this week. Quotes from processors remain settled in the range of €1.52/kg to €1.54c/kg. The very high kill last week at 72,662 reflects both improved performance on pig farms across Ireland and the seasonal high demand for pigs. While the pig price has taken a number of reductions in recent months, the market for pigmeat remains very robust. The domestic market is particularly strong, with all wholesalers and retailers very anxious to ensure they have sufficient stocks for the festive period. A number of the smaller non-export pig processors typify this demand, with €1.56 to €1.58/kg being talked about for a slightly lighter carcase from these domestic slaughter plants.