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The Irish pig market remains buoyant with good demand from all processors on the back of improving pork markets, especially the export market. Last week’s kill of 66,000 continues the recent trend of reduced pig numbers available and this is causing all procurement managers and agents to be very competitive to fill their kill numbers every week.  There were more increases passed on to suppliers from most factories this week, with prices of €1.76c/kg up to €1.78c/kg buying most pigs. Spot prices of €1.80c/kg and higher were reported for some pigs and it is clear this is where the Irish price is heading. The European market remains positive with the German pig market leading the price, with €1.82c/kg. IFA Pig Chair Tom Hogan said that the threat of ASF cannot be underestimated and he has once again asked the Department of Agriculture to heighten biosecurity at point of entry into Ireland.

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 20/5/2019.

Factory pig throughput in Republic of Ireland export plants for the week ending June 1st 2019 was 66,080 head which was 440 head less than the previous week and 2195 less than in the corresponding week in 2018.

Export Plants: Top prices on a flat rate basis </= €1.72-€1.76/kg in Staunton’s and Dawn Pork & Bacon, >/= €1.74/kg-€1.78/kg in Rosderra and Kepak.

Sows 0.95c-€1.00/kg DW.

Weekly Slaughtering’s:  Week-ending 25/5/2019 Pigs: 64,434 Sows: 1,616

EU-27 PIGMEAT REFERENCE PRICE WK COMMENCING 20/5/19

Irish price                                            €1.67kg

EU–27 average price                         €1.74kg

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

The national pig kill was 66,520 last week, indicating that the supply of finished animals remains tight and there is strong demand from factories for all pigs. While prices in both Ireland and across Europe have stabilised at levels between €1.70 and €1.80c/kg over the past two weeks, the outlook remains very positive with demand from China expected to increase over the coming months. The full effects of the devastation that African Swine Fever (ASF) has had on the Chinese pig population is now translating into a massive shortfall in domestic pork production. Following a number of meetings and calls from the IFA for increased awareness and heightened biosecurity at all points of entry into Ireland, the past week has seen the Department of Agriculture increase visibility regarding the ASF threat at airports, online and across media.

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 13/5/2019.

Factory pig throughput in Republic of Ireland export plants for the week ending May 25th 2019 was 66,520 head which was 1,388 head less than the previous week and 618 less than in the corresponding week in 2018.

Export Plants: Top prices on a flat rate basis </= €1.70-€1.74/kg in Staunton’s and Dawn Pork & Bacon, >/= €1.72/kg-€1.76/kg in Rosderra and Kepak.

Sows 0.95c-€1.00/kg DW.

Weekly Slaughtering’s:  Week-ending 25/5/2019 Pigs: 64,834 Sows: 1,686

EU-27 PIGMEAT REFERENCE PRICE WK COMMENCING 13/5/19

Irish price                                            €1.67kg

EU–27 average price                         €1.73kg

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

The national kill returned to more normal level of 67,900 last week following a number of short working weeks. Pig price movement remains positive and it is definitely a sellers’ market. A number of suppliers have received increases of 2c-4c/kg for this week’s pigs, and as often happens when prices move there is a wide spread of prices becoming apparent across the country. While the majority of pigs seem to be moving at prices around €1.74/kg this week, there is definitely more been given for pigs, and the target of €1.80/kg is within reach for Irish pigs.  Regarding the coming months, IFA pigs Chair Tom Hogan said that all industry experts and analysts are predicting strong demand on international markets for pigmeat and the full extent of the ASF crisis in China is expected to drive European pig prices further in the coming months.

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 13/5/2019.

Factory pig throughput in Republic of Ireland export plants for the week ending May 18th 2019 was 67,908 head which was 12,986 head more than the previous week and 770 more than in the corresponding week in 2018.

Export Plants:  Top prices on a flat rate basis </= €1.70-€1.74/kg in Staunton’s and Dawn Pork & Bacon, >/= €1.72/kg-€1.76/kg in Rosderra and Kepak. 

Sows 0.90-0.95c/kg DW.

Weekly Slaughtering’s:  Week-ending 18/5/2019 Pigs: 65,929 Sows: 1,979

EU-27 PIGMEAT REFERENCE PRICE WK COMMENCING 13/5/19

Irish price                                            €1.67kg

EU–27 average price                         €1.73kg

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

The Irish pig market remains buoyant with good demand from all processors on the back of improving pork markets, especially the export market. Last week’s kill of 55,000 in a short working week, is down about 4% on the corresponding bank holiday week in 2018. This small but very significant reduction in pig throughput is beginning to be replicated right across the main pig producing and exporting countries of the EU. A 2-4% reduction in production combined with the well-publicised increase in demand from China is going to lead to improving returns for processors and pig prices will rise further in the coming weeks. The German pig market, which is reflective of the Irish production and export dynamics in many ways, increased again last week to hit €1.78c/kg. IFA Pig Chair Tom Hogan said that we should be receiving at least this price and he called on all pig factories to raise their quotes to €1.80.

Ireland’s percentage of the EU price has improved and is currently 94% of the EU average price as reported to the EU Commission for the week commencing 29/4/2019.

Factory pig throughput in Republic of Ireland export plants for the week ending May 11th 2019 was 54,992 head which was 10,545 head less than the previous week and 498 more than in the corresponding week in 2018.

Export Plants: Top prices on a flat rate basis </= €1.72/kg in Staunton’s and Dawn Pork & Bacon, >/= €1.70/kg-€1.74/kg in Rosderra and Kepak.

Sows 0.90-0.95c/kg DW.

Weekly Slaughtering’s:  Week-ending 11/5/2019 Pigs: 53,251 Sows: 1,741

EU-27 PIGMEAT REFERENCE PRICE WK COMMENCING 29/4/19

Irish price                                            €1.60kg

EU–27 average price                         €1.70kg

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

Another good week for Irish pig farmers with an increase of 4c/kg across the board from all factories for this week’s pigs. This leaves pig farmers receiving a price of €1.68-€1.70/kg, but with intense competition from all processors and agents to maintain numbers, some farmers have received up to 4cent above quotes.  IFA Pigs Chairman Tom Hogan welcomed what he saw as a further correction of the Irish pig price, which still has finally caught up with the European average price. Hogan said that while at last Irish pig farmers are getting a just return for their produce, it is true to say that the market place has returned a greater price than factories passed back over the last two months.  He said that IFA will continue to monitor market returns and keep pressure on Irish processors to pass back expected increases.

Ireland’s percentage of the EU price has improved and is currently 94% of the EU average price as reported to the EU Commission for the week commencing 22/4/2019.

Factory pig throughput in Republic of Ireland export plants for the week ending May 4th 2019 was 65,537 head which was 12,697 head more than the previous week and 1,905 less than in the corresponding week in 2018.

Export Plants: Top prices on a flat rate basis </= €1.70/kg in Staunton’s and Dawn Pork & Bacon, >/= €1.68/kg-€1.72/kg in Rosderra and Kepak.

Sows 0.90-0.95c/kg DW.

Weekly Slaughtering’s:  Week-ending 6/5/2019 Pigs: 63,802 Sows: 1,735

EU-27 PIGMEAT REFERENCE PRICE WK COMMENCING 22/4/19

Irish price                                            €1.56kg

EU–27 average price                         €1.68kg

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


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