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 SPP (Standard Pig Price – no premium) in the UK reported by AHDB currently is £2.03/kg (€2.44/kg), while the APP All Pig Price, the average price for all pigs is £2.058/kg (€2.47/kg).
The EU average price for week 45 for grade E carcass was €1.95/kg excluding VAT. This represents a drop of -3% over the past month and is -8% behind last year’s EU average price for the same week. However, it’s is up .3% on last week’s prices indicating that prices have steadied across EU presently.
According to a report by Agritel, December 2024 wheat hit €220/t before falling to close at €218/t, while March 2025 maize fell €1 to €211.25/t. February 2025 rapeseed briefly reached a 20-month high of €548.25/t but ended down €2.25 at €540.75/t. Rising Black Sea tensions, highlighted by the 1000th day of conflict in Ukraine, are fuelling discussions.
Meanwhile, Brazilian soybean production for 2024/2025 is forecast at a record 167.7 million tons, according to Abiove. Ukraine’s agriculture minister expects the next wheat harvest to reach 25 million tons, up 3 million from this year, thanks to increased planting.
