While the four main export plants held their quotes ranging from 138c/kg to 142c/kg to pig farmers last Friday, there was increased prices reported being paid to many pig farmers for this week’s pigs. Farmers at the lower end of these quotes have been reported to receive increases of between 2c-4c/kg. Despite this, there was no official price rise, but all signs point to the illusive and much warranted price increase being implemented sooner rather than later. Brexit is having a major negative impact on all meat markets with the continued uncertainty around the destination of 50% of Ireland’s pigmeat exports.
