Pig Prices Remain Steady

Chairman of the IFA Pigs Committee Tom Hogan said prices remained relatively steady this week after the 2c/kg increase which the majority of pig farmers received in the earlier weeks of January.

While the national kill was over 65,000 last week, demand remains strong from all export plants with the greatest competition coming from the northern based plants. On the consumer side, Tom Hogan called on all retailers and butchers, to support and offer local Bord Bia quality assured ham, bacon and pork to all customers and to utilise every opportunity to support the local Irish pig sector.

Ireland’s percentage of the EU price has improved and is currently 101% of the EU average price as reported to the EU Commission for the week commencing 9/1/2017.

Factory pig throughput in Republic of Ireland export plants for the week ending Jan 14th 2017 was 65,598 head which was 16,227 head more than the previous week and 2,475 more than in the corresponding week in 2016. Slaughtering’s in ROI export plants is -8.8% behind the same period in 2016.

Export Plants: Top prices on a flat rate basis </= 162cent/kg in Karro, </=160 cent/kg in Kepak, Staunton’s, Dawn and Rosderra.

Pork Slaughters: The price range is </=160 cent/kg.

Sows: 95 – 100c/kg DW.

Weekly Slaughterings: Week-ending 14/1/2017 Pigs: 65,598 Sows: 2,110

EU-27 PIGMEAT REFERENCE PRICE WK COMMENCING 9/1/17

Irish price €1.53kg

EU–27 average price €1.52kg

(Grade E pigs – 55% to 60% lean meat excluding VAT but including transport and bonuses).

Pig prices reported to IFA week-commencing 23/01/17

Rosderra </= €1.60/kg

Dawn </= €1.60/kg

Staunton’s </= €1.60/kg

Kepak </= €1.60/kg

Karro </= €1.62/kg

(All prices dependent on grading of pigs)