There was no announced change to Irish pig prices on Friday and producers are reporting quotes of at least €2.38 – €2.40 available from processors in ROI, with some pig farmers reporting up to €2.45/kg available signalling strong demand for ROI pigs.
The weekly throughput for week ending July 21st was 63,981 of which 1,843 were sows.
In a statement last Thursday, China’s commerce ministry said the authorities will conduct the anti-dumping investigation on EU pigmeat exported to China using samples from Danish meat processor Danish Crown, Dutch producer Vion Boxtel B.N. and Spanish food processor Litera Meat S.L.U.
The latest update from Agritel reports that in Europe rain which spread over a part of France yesterday continues to put the harvest on hold. This pause could be extended, with a return to rain already forecast for Friday-Saturday. A wait and see attitude therefore prevails on the wheat market, which remains close to balance, as we wait for further harvest data.
Only corn continues to climb on Euronext’s new-harvest prices, driven by production downgrades in the Balkans and Black Sea region due to drought and heatwave conditions.
