There was no change in Irish pig prices last Friday with producers reporting an average price of circa €2.06 – 2.08/kg for pigs sold in ROI.
Factory pig throughput in Republic of Ireland export plants for the week ending August 10th was 55,952 head which was 11,418 less than last week and 1,530 more than in the corresponding week in 2024.
Ireland’s percentage of the EU price is currently 99% of the EU average price as reported to the EU Commission for the week commencing 02.08.25.
The average price for grade E carcasses in week 31 stood at 202c/kg (excluding VAT), practically the same as the previous week and is also -3.7% behind prices last month. This is also -5.1% lower than the same period last year.
The latest reports on the feed ingredient market at EU and US level suggest the following: Rapeseed drops – Canadian canola fell >5% after China’s 75.8% import deposit announcement (Aug 14 start), pulling EU rapeseed down.
Wheat down with new contract lows despite only small USDA cuts to EU crop (138.25 Mt). Corn outlook seeing the heat hurting spring crops, but U.S. export flood keeping prices weak. Currency – Euro/dollar steady at $1.17. Corn glut seeing record yield (188.8 bu/acre) pushes production to 425 Mt, prices under $4/bu. Soybeans seeing strong yields but less planted area with production slightly trimmed, giving mild price lift.
