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 farmersjournal.ie on this browser until 9pm next Wednesday. Thank you for buying the paper and using the code.
CODE NOT VALID
Please try again or contact us.
For assistance, call 01 4199525
or email subs@farmersjournal.ie
If would like to speak to a member of our team, please call us on 01-4199525
Reset password
Please enter your email address and we will send you a link to reset your password
If 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.
Email address not recognised
There is no subscription associated with this email
address. To read our subscriber-only content.
please subscribe or use the reader loyalty code.
If would like to speak to a member of our team, please call us on 01-4199525
You have no more free articles this month
We hope you've enjoyed your 6 free articles. To continue reading, sign in to your account, use the code or subscribe for just €1 to get unlimited access for 30 days.
This content is available to digital subscribers and loyalty code users only. Sign in to your account, use the code or subscribe for just €1 to get unlimited access for 30 days.
This content is available to digital subscribers and loyalty code users only. Sign in to your account, use the code or subscribe for just €1 to get unlimited access for 30 days.
Pig prices are currently under the cost of production.
Irish pig prices have fallen to €1.44/kg and could drop further, widening the gap with the minimum break-even point of €1.50/kg, IFA pig chair Tom Hogan said this Tuesday. “Prices now being paid to farmers are simply not sustainable and are well below the cost of production,” Hogan said.
After peaking at a three-year high above €1.60/kg in July, the Irish pig price has been falling constantly ever since. The latest EU figures show that at €1.44, the Irish price has fallen by 6.6% in the past year. It is currently 6c/kg higher than the EU average, which is also falling.
The industry... is in danger ceasing to exist
“The number of viable pig farmers has reduced dramatically over the last 20 years, with price volatility and uneconomic returns leaving only the most efficient producers remaining in business today. At current pig prices, the industry, which increased exports by 14% to €712m in 2017, is in danger ceasing to exist,” Hogan said, calling on processors to lift prices.
Bord Bia’s pit and poultry sector manager Peter Duggan told the recent meat marketing seminar that after a record weekly throughput of 75,000 pigs processed in early December, this year was expected to see stable Irish pigmeat supply. However, output from other EU member states was forecast to increase from the second quarter and US production continues to grow.
While Chinese demand dropped in the second half of 2017 as massive domestic sow cull, “for 2018 we are reasonably optimistic that there will be some upward movement in terms of import demand because that liquidation occurred in 2017,” Duggan told the Irish Farmers Journal.
Rabobank estimates that Chinese import demand for pigmeat and offal will increase from €2.5m last year to €2.7m this year.
Irish pig prices have fallen to €1.44/kg and could drop further, widening the gap with the minimum break-even point of €1.50/kg, IFA pig chair Tom Hogan said this Tuesday. “Prices now being paid to farmers are simply not sustainable and are well below the cost of production,” Hogan said.
After peaking at a three-year high above €1.60/kg in July, the Irish pig price has been falling constantly ever since. The latest EU figures show that at €1.44, the Irish price has fallen by 6.6% in the past year. It is currently 6c/kg higher than the EU average, which is also falling.
The industry... is in danger ceasing to exist
“The number of viable pig farmers has reduced dramatically over the last 20 years, with price volatility and uneconomic returns leaving only the most efficient producers remaining in business today. At current pig prices, the industry, which increased exports by 14% to €712m in 2017, is in danger ceasing to exist,” Hogan said, calling on processors to lift prices.
Bord Bia’s pit and poultry sector manager Peter Duggan told the recent meat marketing seminar that after a record weekly throughput of 75,000 pigs processed in early December, this year was expected to see stable Irish pigmeat supply. However, output from other EU member states was forecast to increase from the second quarter and US production continues to grow.
While Chinese demand dropped in the second half of 2017 as massive domestic sow cull, “for 2018 we are reasonably optimistic that there will be some upward movement in terms of import demand because that liquidation occurred in 2017,” Duggan told the Irish Farmers Journal.
Rabobank estimates that Chinese import demand for pigmeat and offal will increase from €2.5m last year to €2.7m this year.
The ICSA said it is seeking clarification around the on-the-spot traffic offence fines issued to livestock hauliers in France, which it understands range from €1,500 to €12,500.
This comes following a meeting between Minister of Agriculture McConalogue and his UK counterpart, Secretary of State for Environment, Food and Rural Affairs Steve Barclay.
Adam Woods reports from the Bord Bia meat marketing seminar where Joe Burke gave an overview of the 2023 trade and looked forward to 2024.
Save to a collection
Recent collections
This article has already been saved
This article has been saved
Create a collection
Subscriber only
This content is available to digital subscribers only. Sign in to your account or subscribe for just €1 to get unlimited access for 30 days.SIGN INSUBSCRIBE FOR €1
SHARING OPTIONS: