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The Irish pig sector is official in crisis mode following the announcement last Friday from both Rosderra, and Kepak of another the 4c/kg price drop.  Pig farmers suppling these pig factories are receiving as prices around €1.40c/kg this week. With recent increase in feed prices, this leaves efficient pig producers losing approximately 10 cents per kg, or €8 per pig sent to the factory. Unfortunately, this is a situation the pig industry had faced before and resulted in the exiting of the sector by many pig farmers. Without an increase in the pig price the number of viable pig farmers will reduce future.  Chairman of the IFA Pigs Committee, Tom Hogan, called all pig processors reverse last week’s price reduction and return a viable pig price that allows pig farmers to remain in business.

Ireland’s percentage of the EU price has improved and is currently 103% of the EU average price as reported to the EU Commission for the week commencing 01/01/2018.

Factory pig throughput in Republic of Ireland export plants for the week ending January 6th 2018 was 51,453 head which was 20,692 head less than the previous week and 2,082 more than in the corresponding week in 2017.   Slaughtering’s in ROI export plants is 4.2% ahead the same period in 2017.

Export Plants:  Top prices on a flat rate basis </= €1.40c/kg in Kepak and Rosderra, </= €1.42c/kg in  Cookstown, </= €1.44 in Staunton’s and </= €1.44/ €1.46c/kg in Dawn.

Sows 65 – 80c/kg DW.

Weekly Slaughtering’s:  Week-ending 06/01/2018 Pigs: 51,453 Sows: 1,876

EU-27 PIGMEAT REFERENCE PRICE WK COMMENCING 01/01/18

Irish price                                            €1.43kg

EU–27 average price                         €1.39kg

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

As expected, but disappointing non-the less, the remaining pig processors, that had held the price over Christmas to their suppliers, followed the lead of Rosderra and Kepak and lowered their pig price by 4c/kg for this week’s pigs. Explanation for this price drop range from poor export markets, the large numbers of pigs available to process and the low pig price in some EU countries. The realties are that the domestic market, which is the most important outlet for Irish pigmeat, was buoyant in the run up to the Christmas festive period. Reports for the industry report no big increase in the volume of product in storage above the norm for the time of year. With the high weekly kill in late 2017, this is testament to the good demand, especially in the domestic Irish market. Many pig farmers are questioning the transparency of the pig price, especially as the price is now below the cost of production at €1.44-1.46c/kg.

Ireland’s percentage of the EU price has improved and is currently 101% of the EU average price as reported to the EU Commission for the week commencing 25/12/2017.

Factory pig throughput in Republic of Ireland export plants for the week ending January 6th 2018 was 51,453 head which was 3,630 head less than the last week of December and 2,022 more than in the corresponding week in 2016.   Slaughtering’s in ROI export plants is 1.1% ahead the same period in 2016.

Export Plants:  Top prices on a flat rate basis </= €1.44c/kg in Kepak, Staunton’s and Rosderra, </= €1.46c/kg in Dawn and Cookstown.

Sows 65 – 80c/kg DW.

Weekly Slaughtering’s:  Week-ending 06/01/2018 Pigs: 51,453 Sows: 1,876

EU-27 PIGMEAT REFERENCE PRICE WK COMMENCING 25/12/17

Irish price                                            €1.44kg

EU–27 average price                         €1.42kg

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

Another blow to the pig farmers, with the announcement of a further pig price reduction of 4c/kg by both Rosderra and Kepak last Friday. Other pig factories have not reduced price, leaving at least a 4-6c/kg discrepancy in price between the main processors. Suppliers to Dawn Pork and Bacon and Staunton’s are averaging in the range of €1.48-1.50c/kg while the price from Rosderra and Kepak is down as low as €1.44c/kg. Pig numbers remain high with 72,235 pigs slaughtered in ROI last week. Reviewing the pig price of 2017 has indicated that the price would average €1.62c/kg when calculated 3 weeks ago at the beginning of December. With the recent reductions of 4c/kg and 8c/kg by some processors, it has taken 0.5c/kg off the average price received for 2017. Half a cent per kg may not seem a lot but with the margins over production costs so tight in pig farming, every half a cent counts. With recent increases in feed prices of at least €5/tonne, pig production in Ireland is once again in loss making territory.

Ireland’s percentage of the EU price has improved and is currently 101% of the EU average price as reported to the EU Commission for the week commencing 04/12/2017.

Factory pig throughput in Republic of Ireland export plants for the week ending December 16th 2017 was 72,235 head which was 1,498 head less than the previous week and 3,217 more than in the corresponding week in 2016.   Slaughtering’s in ROI export plants is 1.1% ahead the same period in 2016.

Export Plants:  Top prices on a flat rate basis </= €1.44c/kg in Kepak and Rosderra, </= €1.48c/kg in Staunton’s and €1.50c/kg in Dawn and Cookstown.

Sows:   65 – 80c/kg DW.

Weekly Slaughtering’s Week-ending 16/12/2017 Pigs: 72,235 Sows: 2,251

EU-27 PIGMEAT REFERENCE PRICE WK COMMENCING 04/12/17

Irish price                                            €1.46kg

EU–27 average price                         €1.45kg

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

No change in pig prices this week as all main processors held the recently reduced quotes at similar levels to last week. Reports from pig farmers around the country indicated quotes from a low of €1.48 up to €1.52c/kg from the main export plants. Some of the smaller processors are paying above these quotes to their suppliers. Last week’s kill of 75,679 was the highest number of pigs processed in 2017. The high throughput can be attributed to improved productivity on farms combined with a slight increase in sow numbers. With Irish pig farmers producing ham and pork to the highest standards and complying with the Bord Bia quality assurance scheme, it is unacceptable to see some retailers offering discounted, imported hams to the Irish consumer. Tom Hogan called on all retailers to support locally produced Bord Bia quality assured Irish produce this Christmas.

Ireland’s percentage of the EU price has improved and is currently 102% of the EU average price as reported to the EU Commission for the week commencing 27/11/2017.

Factory pig throughput in Republic of Ireland export plants for the week ending December 3rd 2017 was 73,733 head which was 3,417 head more than the previous week and 6,597 more than in the corresponding week in 2016.   Slaughtering’s in ROI export plants is 1.2% ahead the same period in 2016.

Export Plants:  Top prices on a flat rate basis </= €1.48c/kg in Kepak and Rosderra, </= €1.48-€1.50c/kg in Staunton’s and €1.50c/kg in Dawn and Karro.

Sows 65 – 80c/kg DW.

Weekly Slaughtering’s:  Week-ending 3/12/2017 Pigs: 73,733 Sows: 1,936

EU-27 PIGMEAT REFERENCE PRICE WK COMMENCING 27/11/17

Irish price                                            €1.48kg

EU–27 average price                         €1.45kg

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

Following the 4c/kg price drop imposed by 2 processors 2 weeks ago, the remaining processors, including Dawn Pork and Bacon and Staunton’s followed with 4c/kg price reductions for this week’s kill. The range of quotes farmers are getting this week is averaging around €1.50c/kg with lows of €1.48c/kg being all too common. Official prices reported by the Department of Agriculture show that the pig price is now 6c/kg lower than the same week last year, 2016, which was by all accounts a very poor year financially for Irish pig producers. Chairman of the IFA Pigs Committee, Tom Hogan, called all pig processors to halt the pig price slide and return some much-needed stability to the pig farming sector. The Christmas ham season is in full swing, but worryingly, the volumes of imported hams is a feature of the market place once again this year.  Hogan called on all consumers to buy locally produced pigmeat this Christmas.

Ireland’s percentage of the EU price has improved and is currently 103% of the EU average price as reported to the EU Commission for the week commencing 20/11/2017.

Factory pig throughput in Republic of Ireland export plants for the week ending November 25th 2017 was 70,316 head which was 548 head less than the previous week and 6,062 more than in the corresponding week in 2016.   Slaughtering’s in ROI export plants is 1.2% ahead the same period in 2016.

Export Plants:  Top prices on a flat rate basis </= €1.48c/kg in Kepak and Rosderra, </= €1.48-€1.50c/kg in Staunton’s and €1.50c/kg in Dawn and Karro.

Sows 65 – 80c/kg DW.

Weekly Slaughtering’s:  Week-ending 25/11/2017 Pigs: 70,316 Sows: 1,972

EU-27 PIGMEAT REFERENCE PRICE WK COMMENCING 20/11/17

Irish price                                            €1.49kg

EU–27 average price                         €1.45kg

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


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