Pig Market Report 4th December
There was no change in quotes from processors last Friday for this week’s pigs, with Rosderra, Dawn Pork & Bacon, Staunton’s and Kepak all remaining on quotes of €1.94-196c/kg for this supplier. Spot loads and some of the more home market focused factories have given up to €1.98c/kg this week to secure pigs.
The situation across continental European has improved over the past 2 weeks with a number of pig price increases putting the farmer price well above €2/kg. IFA pig chairman, Tom Hogan said that the factories here must respond with a price increase across the board. It is obvious that there is a good return being made with such demand for pigmeat from China and a good home market in the run up to Christmas. Regarding ASF, Hogan said that the IFA met the Department of Agriculture this week to highlight the need for increased vigilance at all ports and airports.