There was no change to Irish pig price on Friday last with producers reporting quotes ranging from €2.08 – €2.12 available from processors in ROI.
The EU average price for week 48 for grade E carcass was €1.92/kg excluding vat. This represents a drop of -.7% over the past month and is -9% behind last year’s EU average price for the same week. There has been little change to EU pigmeat prices over the past 4/6 weeks.
The weekly throughput for week ending December 8th was 72,317 of which 1,912 were sows.
According to AHDB, Paris milling wheat futures (March 2025) fell yesterday, while maize futures (March 2025) rose. The global wheat market is struggling to determine price trends due to various weather-related risks. Meanwhile, China, a major maize importer, lowered its 2024/25 production estimate to 293.8 million tonnes from 297 million tonnes (LSEG).
Paris rapeseed futures (May 2025) closed at €527.25 per tonne yesterday, an increase of €6.75 per tonne from Friday. While favourable weather and a record soyabean crop in South America put pressure on soyabean prices.
