There is no change this week with Irish pig farmers receiving €1.38-1.42c/kg. African Swine fever (ASF) continues to cause major disruption to production across the Asian market, withy disturbing reports of huge numbers of pigs culled to the disease.
Suppliers to the main export plants continue to receive pig prices ranging from €1.38/kg up to €1.42/kg. Both Dawn Port & Bacon and Staunton’s continue to pay at the upper end of these quotes and have not reduced prices to their suppliers in recent weeks. Despite increased seasonal demand and reports of exceptional high prices for pigmeat in certain export markets, Irish processors have resisted calls to increase pig price. Supply of pigs in Ireland remains high with last week’s kill over 74,000 and the national kill is over 100,000 ahead of 2017. Plans are in place on all units with their processor to handle extra pigs either side of the Christmas break.
Irish pig prices remained below €1.40c/kg with an average price quoted to regular suppliers of €1.38c/kg, but there has been some positive movement in price, granted small movement in the last week but never the less, from small beginnings we must rise.