There was no change to Irish pig prices on Friday last with farmers reporting quotes of €2.10 – €2.14 available from processors in ROI.
The average European price for a grade E carcass pig for week 48 was €2.13/kg which is 4.6% higher than prices for the same week last year according to the Commission, and it is up 0.4% on last month’s prices and is up half a % with the previous weeks average price.
The downward tide has appeared to have turned as this is the second week in a row in over 3 months where the average price hasn’t fallen from week to week but rather increased slightly suggesting that there may be an easing of decreasing prices and some stability returning to the market which is much needed from a pig producer point of view.
The weekly throughput figures for ROI for week ending the 10th of December was 70,099 of which 1,773 were sows.