There was no change to Irish pig prices on Friday. Producers are reporting quotes of at least €2.28 – €2.34 available from processors in ROI, with some reporting up to €2.36/kg signalling strong demand for pigs with the average price circa €2.32/kg delivered to producers.
The average European price for a grade E carcass pig for week 24 was €2.20/kg (excluding vat).
The weekly throughput for week ending June 23rd was 63,178 of which 1,774 were sows.
The EU Commission’s MARS report trimmed its forecasts of EU crop yields yesterday, due to both overly wet and overly dry conditions in different parts of the bloc.
The report trimmed its predicted average EU soft (exc. Durum) wheat yield from 5.92 t/ha in May to 5.86 t/ha this month. This is now in line with the five-year average. Yield prospects for winter barley, rapeseed, maize and sunflowers were also reduced. The forecast for spring barley yields was edged up slightly. A heatwave is now expected across much of Europe this week. This is likely to be welcome for crops which have so far been negatively impacted by continued wet weather, especially in key producers France and Germany (Ahdb).
