There was no change to Irish pig prices on Friday last with farmers reporting quotes of €2.10 – €2.14 available from processors in ROI.
The average European price for a grade E carcass pig for week 47 was €2.12/kg which is 6.6% higher than prices for the same week last year according to the Commission, however, it is back -0.4% on last month’s prices and is up half a % with the previous weeks average price. This is the first time in circa 14 weeks where the average price hasn’t fallen from week to week but rather increased slightly suggesting that there may be an easing of decreasing prices and some stability returning to the market which is much needed.
The value of our Bord Bia pigmeat exports are back in value by 22% from the period Apr22-Sep22 when compared with the same period the previous year while the volume is back almost -30%. The only country where the exports have increased over that period is to the UK, up 23% in volume and 49% in value. An increase of €23m.
The weekly throughput figures for ROI for week ending the 3rd of December was 67,197 of which 1,575 were sows.