Pig Processors Must Step up with Price Increases
IFA President Tim Cullinan said pig processors have to pass back substantial price increases to farmers immediately.
“Processors cannot survive without a steady supply from farmers. The losses on farms are so severe that production is under threat. No time can be wasted in getting money back to farmers who have shouldered the impact of input hikes,” he said.
Retailers have confirmed to IFA that significant increases on all pigmeat products have come into effect.
IFA Pigs Chair Roy Gallie said now is the time for the processors to feed these increases back inside the farmgate.
“The situation on farms is very serious and cashflow is under severe pressure. There’s no excuse not to return a higher price to farmers,” he said.
The IFA campaign is looking for the price paid for pigs to reach €2/kg by June 1st.