Irish pig prices remained unchanged last Friday, with producers receiving between €1.86 and €1.90 per kilogram in the Republic. There has been a significant drop in pig prices in recent months, and this is adding further strain to already tight farm margins.
The average price for grade E pig carcasses in week 45 was €1.71/kg (excluding VAT), which is back -1.5% when compared to the previous week. When compared to the previous month prices are now -5.9% lower and sit 11% below the same period last year.
The weekly throughput reported by the Department of Agriculture Food and the Marine for week ending the 12th of Nov was 68,782 of which 2,039 were sows.
In Argentina, harvest results continue to exceed expectations, with the 2025 crop now estimated at a record 24.5 million tonnes. In France, Agreste has trimmed corn production to 13.4 million tonnes. International demand remains active, with Algeria purchasing wheat and Tunisia tendering for 125,000 tonnes of soft wheat. Palm oil prices continue to slide toward 4,000 ringgits/t due to heavy stocks. Soybeans remain firm, supported by Chinese buying, with futures recently above $11.35/bu, despite the large U.S. crop of 117 million tonnes and stocks near 8.3 million tonnes.
