There was no announced change to Irish pig prices last Friday however farmers are reporting quotes of €2.38 – €2.42 and upwards available among Irish processing plants. Further unannounced increases were reported.
The weekly throughput in ROI plants for week ending July 9th was 58,798 of which 1,902 were sows. Year to date there have been 184,522 less fatteners processed through the food system in the Republic of Ireland, transpiring to a decline in supply of -11.2%.
The average European price for a grade E carcass pig for week 25 was €248.7/kg which is 3% higher than last month and 30% higher than prices for the same week last year according to the Commission. New air attacks took place Tuesday in Ukraine, affecting Odessa port in particular. These tensions in the run-up to the Grain Deal renewal date of July 17th are fuelling discussions.
September wheat prices Wednesday were at €230 – €235/tonne, while December ’23 and into March are up at circa €240/tonne. Winter barley production is now estimated at 9.18 million tonnes, compared with 9.07 million tonnes last month and 8.48 million tonnes in 2022.
