Pig Market ReportsPigs

Pig Prices 5th December

No change in any quotes for this week’s pig kill from a low of €1.38c/kg to €1.42c/kg with suppliers to both Dawn Pork and Bacon and Staunton’s at the higher end of these quotes. Last week saw another large kill with 71,837 pigs killed in the Republic of Ireland and over 7,000 pigs travelled across the border for slaughter. IFA Pigs Chairman Tom Hogan said that frustration at farm level was building and he called on the main processors to recognise the financial crisis that pig farmers are enduring. He urged all pig factory bosses to increase pig prices in the lead up to Christmas.

Ireland’s percentage of the EU price has improved and is currently 101% of the EU average price as reported to the EU Commission for the week commencing 19/11/2018.

Factory pig throughput in Republic of Ireland export plants for the week ending December 1st 2018 was 69,940 head which was 1,228 head less than the previous week and 924 less than in the corresponding week in 2017.

Export Plants: Top prices on a flat rate basis </= €1.42c/kg in Staunton’s, Dawn Pork & Bacon and Cookstown, >/= €1.38/kg in Rosderra and Kepak.

Sows: 55c/kg DW.

Weekly Slaughtering’s Week-ending 1/12/2018

Pigs: 69,940 Sows: 1,872

EU-27 PIGMEAT REFERENCE PRICE WK COMMENCING 19/11/18

Irish price €1.38kg

EU–27 average price €1.36kg

(Grade E pigs – 55% to 60% lean meat excluding VAT but including transport and bonuses).

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