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Pig price

Good and bad news for pig farmers

Good news for pig farmers invested in foreign markets is that Irish exports of pig meat to the United Stated are up 25% on last year, according to Bord Bia. The bad news is that the pig price is still below average and pig supply for slaughtering is tight resulting in increased competition among processors. IFA National Pig Committee Chairman Roy Gallie said that “pig supply for slaughtering is extremely…

Smaller plant increases pig price by 4c/kg

There was no announced change to the Irish pig price from the bigger factories last Friday but the 4c/kg increase received from one of the smaller plants in ROI was welcomed by their suppliers. According to the IFA, farmers are receiving quotes of €2.00c/kg up to €2.08/kg. Losses have been mounting on Irish pig farms for a full year and Teagasc estimates the total loss for the average size 600-sow unit…

Pig prices steady up to €1.96/kg

There was no announced change to Irish pig prices this week with farmers receiving quotes of €1.90c/kg up to €1.94 or €1.92 to €1.96/kg. Some farmers who sold pigs to the north for slaughter received quotes of €2.00/kg. Farmers in ROI received similar quotes from ROI plants. The average size farm is forecast to lose €360,000 for the 2022 12-month period, according to Teagasc. The increase in pig prices in…

Pig price in Ireland static for another week

Farmers received quotes from €1.78c/kg to €1.82 or €1.84 to €1.88/kg last week, leaving the Irish pig price unchanged for the larger processing plants compared to the prior week, says the Irish Farmers Association. The weekly throughput for the week ending 12 June, 2022 was 59,068. Pig farmers are reporting feed costs of up to €1.81/kg depending on how farms have bought feed forward. Losses are still mounting to about…

No change to Irish pig price this week

The pig price in Ireland was unchanged this week for the larger processing plants with farmers receiving quotes of €1.78c/kg up to €1.82 or €1.84 to €1.88/kg. There was also very little pig price change across Europe over the past week with member states, Spain and France receiving over €2.00/kg as well as the UK. The European market prices have levelled with the weighted average price for grade S & E…

IFA welcomes 8c/kg increase in pig price

The Irish pig price increased by 8c/kg this week across primary processing plants with farmers receiving quotes ranging from €1.78c/kg to €1.82 or from €1.84 to €1.88/kg. The 8c/kg increase is a welcome move in the right direction for farmers, but much more is required as a matter of utmost urgency, the IFA says in its 30 May, 2022 report. The IFA Pigs Committee together with the Poultry Committee held a…

Official pig price could increase today

Pig farmers expecting an official 4c/kg increase to be announced on 20 May, 2022, were disappointed when there was no change in pig price quotes from factories this week. However, there were some unofficial increases and deals done to ensure pig factories hold on to their supply as we head into a positive-looking summer pig-meat market. Some farmers have reported up to 2c/kg increase in this week’s price but strictly…

Pledges made by processors for pig price increases

In the wake of protests at various locations by The Irish Farmers’ Association (IFA) on 10 May, 2022, it appears that commitments have been made by a number of secondary processors to pass back pig price increases coming from primary processors. Roy Gallie, Chair of the IFA Pigs Committee, comments that “Major secondary processors have committed to supporting pig farmers and understand the very serious situation that farmers are in.…

IFA calls for a 30c/kg pig price increase

The Irish Farmers’ Association (IFA) is calling on processors to institute a 30c/kg price increase for pig farmers. IFA pigs committee chair, Roy Gallie says that cashflows are unsustainable and that this is an urgent situation. Farmers in the sector have been haemorrhaging money since September 2021 and losses have risen to €40 per pig sold, he adds. It’s understood that the increase would restore the Irish pig market to European…