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.
No change last Friday in any quotes for pigs from Irish factories. Irish pig farmers continue to lose money at an unsustainable rate, with the gap between the prevailing pig price of €1.38c/kg and the ever-rising cost of production, getting close to 20c/kg. An actual loss over the cost of producing a factory fit pig is at €14 per pig.
Irish pig prices remain unchanged for another week with pig farmers taking between €1.38c/kg and €1.42c/kg. Numbers offered have tightened significantly in recent weeks, and the average carcass weight has also dropped by a significant amount, as a result of the prolonged hot weather.