Immediate Pig Price Increase Needed to Offset Record Losses
IFA National Pigs Committee Chair Roy Gallie is calling on processors to deliver a very significant price increase for pig farmers tomorrow.
“Pig farmers have been haemorrhaging money since September 2021 and losses have risen to €40 per pig sold,” he said.
Since the introduction of the IFA’s DNA scheme, the Irish pig price has been at the European average.
“We are currently 30c/kg below it. Farmers need an immediate price increase given the very serious crisis in the sector,” he said.
Cashflows now are unsustainable. This is an extremely urgent situation.
Roy Gallie is calling on all processors to announce a 30c/kg rise tomorrow to restore the Irish pig market to the European average level.