No change in Irish pig prices with farmers receiving €1.64c/kg – €1.68c/kg again this week. Markets across major EU pork producers were slightly down last week, on the back on continuing processor distribution due to Coronavirus. The worldwide pigmeat market is driven by normal market factors, with supply and demand ultimately determining were the price fluctuates towards.
No change in Irish pig prices with farmers receiving €1.64c/kg – €1.68c/kg in all the main export plants again this week. While the outlook for the remainder of 2020 looks overall, very positive, a number of unfortunate events in recent weeks have put speed bumps along the road to pig price recovery.
25 06 2020
IFA Pigs Committee Chairman Tom Hogan called on all pig factories to increase the pig price tomorrow when setting the price for next week.
Irish pig prices remain stable and appear to have now reached the bottom of the market. Pig farmers are receiving €1.64c/kg – €1.66c/kg in all the main export plants this week. 2c/kg more is being paid for early deliveries, but on a very positive note, a number of the more domestic focused, smaller pig processors are paying €1.68c/kg.