Pig and Pigmeat Market Report

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Pig and Pigmeat Market Report
16 Jan 2019

Pig and Pigmeat Market Report

Pigs

Much relief to all pig farmers that the dispute between the Vets and the Department of Agriculture has hopefully been resolved.  All pig processors strived to handle the backlog of pigs that had built up on farms because of the Christmas break, and lost production over the past month arising from the dispute.  Many farmers report extras pigs on hand and weights have increased since early December.  It is important that all stakeholders work together to clear this backlog and make sure that pigs meet market requirements.  There is no change in the pigmeat market with Rosderra and Keepak on a quote of €1.38/kg and both Dawn Pork and Bacon and Staunton’s holding at €1.42/kg. 

Ireland’s percentage of the EU price has improved and is currently 104% of the EU average price as reported to the EU Commission for the week commencing 31/12/2018.

Factory pig throughput in Republic of Ireland export plants for the week ending January 12th 2019 was 69,410 head which was 53,724 head more than the previous week and 17,957 more than in the corresponding week in 2018.

Export Plants:  Top prices on a flat rate basis </= €1.42/kg in Staunton’s and Dawn Pork & Bacon, >/= €1.38/kg in Rosderra and Kepak.

Sows 50c/kg DW.

Weekly Slaughtering’s:  Week-ending 12/1/2019 Pigs: 67,781 Sows: 1,629

EU-27 PIGMEAT REFERENCE PRICE WK COMMENCING 31/12/18

Irish price                                            €1.39kg

EU–27 average price                         €1.34kg

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

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