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The pig price is around €1.40c/kg to €1.46c/kg since it increased two weeks ago, but for most pig farmers, the increase in price is not coming quick enough, IFA pig chair Tom Hogan has said.
He told the Irish Farmers Journal on Friday evening that the current prices are below the cost of production.
“With feed costs at the moment, we would want to be getting €1.60c/kg. Feed costs haven’t come down as they usually do. The compounders should be pulling back on price.
Another price rise
“We got a price rise two weeks ago and the indications are that we could get another price wise, maybe as early as next week.
“There is a positive outlook going forward, but for most people these increases are not coming quick enough,” he said.
The IFA has said that there has been a slight decrease in the weekly pig kill and increased demand, which is helping to put more competition into the market place.
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