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With no change in quotes for pigs once again this week and €1.40c/kg being the most common price achieved, Ireland has slipped to 95% of the European average pig price.

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There was no official increase in the Irish pig price again this week; most suppliers are receiving around the €1.40c/kg mark for their pigs, but there is considerable variation above this price point.

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IFA President Joe Healy said Irish pig prices must rise over the coming days and weeks and an increase is fully justified.

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IFA National Pigs Chairman Tom Hogan called on all pig factories to look at the market realities in the UK and Europe, and lift Irish pig prices above the €1.50c/kg price required to break even.

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Pig processors announced no increase in quotes for this week, despite all market indicators pointing towards a price rise towards the €1.50c/kg break even mark.

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