Comment: The Irish pig price remains stable at €1.70/kg. Spot loads have been paid in excess of this price and there are many suppliers who have done deals to supply pigs to their processor at higher prices. North of the border, processors are more anxious than in previous weeks, with increased quotes offered to some suppliers, with prices ranging from €1.72/kg to €1.74/kg. Official prices reported to the Department of Agriculture show that prices are 12.5% above the same week last year. Official prices in Europe remain stable also at €1.75c/kg. Pig farmers are still expecting the Irish price to rise to at least this level and, more importantly, remain in a positive situation for the foreseeable future. A sustained period of positive margins is required on all pig farms in order to fill the financial holes that were left in 2015 and 2016.
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: 26/06/2017
Prices reported to IFA
Comment: The Irish pig price remains stable at €1.70/kg. Spot loads have been paid in excess of this price and there are many suppliers who have done deals to supply pigs to their processor at higher prices. North of the border, processors are more anxious than in previous weeks, with increased quotes offered to some suppliers, with prices ranging from €1.72/kg to €1.74/kg. Official prices reported to the Department of Agriculture show that prices are 12.5% above the same week last year. Official prices in Europe remain stable also at €1.75c/kg. Pig farmers are still expecting the Irish price to rise to at least this level and, more importantly, remain in a positive situation for the foreseeable future. A sustained period of positive margins is required on all pig farms in order to fill the financial holes that were left in 2015 and 2016.
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