The Irish pig price remains stable with farmers reporting receiving a price of between €1.60c/kg and up to €1.62c/kg. While this price is only a few cents per kilo above break even cost, and it is 40c/kg below the 2020 predicted price for pigs, it remains a relatively good price in comparison to the EU average price.
2020 ANC Payments
The rollout of ANC payments to 86,000 farmers commenced last week.
The payments currently issuing are an 85% advance payment and the balancing 15% will be paid out in December.
Farmers who do not currently meet the annual average stocking density of 0.15LU per forage hectare have until December 31st 2020, to do so.
Outstanding stocking evidence should be provided to the DAFM Portlaoise Office for early release of payments.
Pay runs will continue in the coming weeks ensuring payment of cleared cases are paid out ASAP.
Dry weather for the past week has alleviated lifting conditions for growers and progress is mainly on track now. Several reports from growers indicate that main crop yields are average, or just below average, this year. This is mainly attributed to growth cracks and greening because crops were too close to drills. The food service sector remains under significant pressure as the prospect of further restrictions around the country looms.
There was no change in base pig quotes from all the main pig factories last Friday resulting in pig farmers still receiving €1.60-€1.62c/kg base price this week. The ASF positive cases in a small number of wild boar in an isolated part of East Germany has resulted in great amount of market turbulence in the worldwide pigmeat market. Germany pork exports are estimated at €1billion annually and since the conformation of ASF, a number of pigmeat importing countries have excluded all pigmeat imports from Germany.
Prices reported as quoted or paid to IFA Members.
Strong factory demand this week.
- Steer base €3.60 – 3.65/kg.
- Heifer base €3.60 – 3.70/kg.
- Young Bulls R/U €3.40- €3.70kg.
- Cows €3.00/3.50/kg.
- In-spec bonus 20c/kg for under 30 months and 8c/kg for 30 to 36 months.
- 12c/kg bonus for under 30 month steers and heifers grading O- and those with a fat class of 4+ that meet all other in spec criteria.
|FACTORY BASE QUOTES C/KG|
|Dawn Slane||360||360/365||300 – 350|
|Kepak Athleague||360||360/365||300 – 340|
|Moyvalley Meats||360||360||290 – 330|
|Euro Farm Foods||360||360/365||300 – 350|
|Liffey Meats||360||360/365||300 – 340|
|Slaney Foods||360||360/365||300 – 340|
|Kepak Kilbeggan||360||360/365||300 – 340|
|Dawn Ballyhaunis||360||360/365||300 – 340|
|Foyle Meats *including 10c 300-380kg||370*||375*||300 – 340|
|Ashbourne Meats||360||360/365||300 – 350|
|Meadowmeats Rathdowney||360||360/365||290 – 340|
|Charleville Foods||360||360/365||290 – 340|
|Kepak Watergrasshill||360||360/365||290 – 340|
|ABP Bandon||360||360/365||290 – 340|
|ABP Cahir||360||360/365||290 – 340|
|ABP Waterford||360||360/365||290 – 340|
|Dawn Grannagh||360||360/365||290 – 340|
|ABP Nenagh||360||360/365||290 – 340|
Farmers should insist on payment on the day for their cattle.