Pig market: Week beginning 20/01/2014

Prices reported to IFA

Rosderra: less than/= €1.62/kg

Dawn: less than/= €1.66/kg

Staunton’s: less than/= €1.65/kg

Kepak: less than/= €1.64/kg

Karro: less than/= €1.64/kg

Comment: IFA national pigs and pigmeat committee chairman Pat O’Flaherty said that, with increased demand from Irish factories this week, Ireland needs to follow the price recovery which is now evident across the continent. Germany, Belgium, Holland and France all received price rises on the back of increased demand. Pigs moving live off the island to the UK for slaughter are continuing to receive up to 30c/kg more than prices being paid at home. Farmers must continue to sell hard with Irish factories or, alternatively, look to move pigs across the water. Irish factories must begin a price recovery.