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Demand from processors has led to a 4c/kg rise in the pig price. This leaves the price farmers are quoted this week ranging from €1.94c/kg up to a common price of €1.96c/kg.  The trend and outlook for pig price remains positive with processors and exporters struggling to meet the demand for product from buyers. With today’s pig price, IFA pig Chairman said the financial opportunity remains for some secondary processors to import cheaper pork product in place of Irish pigmeat.  Hogan said the IFA is committed to ensuring maximum use of Irish pigmeat and is continuing with its DNA testing programme. This ensures pork and bacon products labelled as Irish are what they’re supposed to be.  

Ireland’s percentage of the EU price has improved and is currently 97% of the EU average price as reported to the EU Commission for the week commencing 28/10/2019.

Factory pig throughput in Republic of Ireland export plants for the week ending November 9th 2019 was 68,604 head which was 12,562 more than the previous week and 1,427 more than in the corresponding week in 2018.

Export Plants:  Top prices on a flat rate basis </= €1.94-€1.96/kg in Staunton’s, Dawn Pork & Bacon, Rosderra and Kepak.

Sows €1.00/kg DW.

Weekly Slaughtering’s:  Week-ending 9/11/19 Pigs: 68,604 Sows: 2,017

EU-27 PIGMEAT REFERENCE PRICE WK COMMENCING 28/10/19

Irish price                                            €1.79kg

EU–27 average price                         €1.83kg

(Grade E pigs – 55% to 60% lean meat excluding VAT but including transport and bonuses).

Demand for pigs from all processors remains very strong and this has resulted in a 4c/kg price increase for this week’s supply. This leaves the price farmers are quoted this week range from €1.90c/kg up to a common price of €1.92c/kg. The trend and outlook for pig price remains positive with processors and exporters struggling to meet the demand for product from buyers. The Chinese import demand due to the devasting effect that ASF has had on pig production in that part of the world, is underpinning the market. This supply shortage and increased import demand from China and neighbouring ASF affected countries will remain a major factor on the Irish and European pigmeat market for the foreseeable future.  Tom Hogan, IFA Pig Chairman, called on the DAFM and all competent authorities to increase controls against ASF spread across pig producing countries, including our own island.  

Ireland’s percentage of the EU price has improved and is currently 97% of the EU average price as reported to the EU Commission for the week commencing 21/10/2019.

Factory pig throughput in Republic of Ireland export plants for the week ending November 2nd 2019 was 56,042 head which was 8,158 less than the previous week and 1,039 more than in the corresponding week in 2018.

Export Plants:  Top prices on a flat rate basis </= €1.90-€1.92/kg in Staunton’s, Dawn Pork & Bacon, Rosderra and Kepak.

Sows €1.00/kg DW.

Weekly Slaughtering’s:  Week-ending 19/10/19 Pigs: 65,256 Sows: 1,709

EU-27 PIGMEAT REFERENCE PRICE WK COMMENCING 21/10/19

Irish price                                            €1.79kg

EU–27 average price                         €1.83kg

(Grade E pigs – 55% to 60% lean meat excluding VAT but including transport and bonuses).

No official change in quotes last week but a noticeable increase in buying activity, has resulted in plenty of unofficial price increases.  This trend is more evident in the northern part of the country and across the border in Northern Ireland.  Reports to IFA has said that factories in these regions are willing to pay 188c/kg – 190c/kg in order to secure extra pigs.  IFA Pigs Chairman Tom Hogan said that the pig factories had resisted increasing prices paid to all farmers but he called on them to officially increase the pig price by 4c/kg this Friday. The pig kill last week was 66,965.    

Ireland’s percentage of the EU price has improved and is currently 97% of the EU average price as reported to the EU Commission for the week commencing 7/10/2019.

Factory pig throughput in Republic of Ireland export plants for the week ending October 19th 2019 was 66,965 head which was 544 less than the previous week and 115 more than in the corresponding week in 2018.

Export Plants:  Top prices on a flat rate basis </= €1.84-€1.86/kg in Staunton’s, Dawn Pork & Bacon, Rosderra and Kepak.

Sows €1.00/kg DW.

Weekly Slaughtering’s:  Week-ending 19/10/19 Pigs: 65,256 Sows: 1,709

EU-27 PIGMEAT REFERENCE PRICE WK COMMENCING 07/10/19

Irish price                                            €1.78kg

EU–27 average price                         €1.82kg

(Grade E pigs – 55% to 60% lean meat excluding VAT but including transport and bonuses).

While the main pig processors have left official quotes stagnant this week at €1.84-€1.86c/kg, there is a noticeable improvement in the appetite from factory procurement managers and agents to compete for pigs this week. This has led to deals being done above quotes, with the further north you travel, the higher the price. Plenty of farmers report an increase of 2c/kg for this week’s pigs.  While the main European markets remain pretty stable, IFA Pigs Chairman, Tom Hogan called on all processors to give an official 4c/kg pig price increase this Friday and pay all farmers at least €1.90c/kg. He said that the Chinese market is returning some spectacular prices and this has to be returned to the farmer.    

Ireland’s percentage of the EU price has improved and is currently 96% of the EU average price as reported to the EU Commission for the week commencing 30/9/2019.

Factory pig throughput in Republic of Ireland export plants for the week ending October 12th 2019 was 67,509 head which was 1,787 more than the previous week and 764 more than in the corresponding week in 2018.

Export Plants:  Top prices on a flat rate basis </= €1.84-€1.86/kg in Staunton’s, Dawn Pork & Bacon, Rosderra and Kepak.

Sows €1.00/kg DW.

Weekly Slaughtering’s:  Week-ending 12/10/19 Pigs: 65,569 Sows: 1,940

EU-27 PIGMEAT REFERENCE PRICE WK COMMENCING 30/9/19

Irish price                                            €1.75kg

EU–27 average price                         €1.82kg

(Grade E pigs – 55% to 60% lean meat excluding VAT but including transport and bonuses).

No change in the pig market in the last 7 days, reports to the IFA indicate that pig farmers are being quoted €1.84-€1.86c/kg by the main pig processors this week.  Spot loads and some of the more domestic focussed factories are paying higher than this again. The national pig kill remains very constant at 65,722 last week. ASF continues to dominate the pigmeat market headlines, with Rabobank predicting that China, the producer of 50% of the worlds pigmeat, will be down 50% in production in 2019. That’s a 25% reduction in the overall production in the world! Putting this into perspective, just 2% of the worlds pigmeat is normally traded between nations. It all points towards continued export demand from China and other effected countries in South East Asia, and steadily rising pig prices.   

Ireland’s percentage of the EU price has improved and is currently 96% of the EU average price as reported to the EU Commission for the week commencing 30/9/2019.

Factory pig throughput in Republic of Ireland export plants for the week ending October 5th 2019 was 65,722 head which was 610 more than the previous week and 1,023 less than in the corresponding week in 2018.

Export Plants:  Top prices on a flat rate basis </= €1.80-€1.82/kg in Staunton’s, Dawn Pork & Bacon, Rosderra and Kepak. 

Sows €1.00/kg DW.

Weekly Slaughtering’s:  Week-ending 5/10/19 Pigs: 64,272 Sows: 1,450

EU-27 PIGMEAT REFERENCE PRICE WK COMMENCING 30/9/19

Irish price                                            €1.75kg

EU–27 average price                         €1.82kg

(Grade E pigs – 55% to 60% lean meat excluding VAT but including transport and bonuses).


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