Pigmeat producers losing almost €300,000 a week, claim farmers

IRISH pigmeat producers are now losing almost €300,000 week, the Irish Farmers Association has claimed.

A loss of more than €6 per pig was completely unsustainable, said Pigs Committee Chairman Michael Maguire, describing the latest fall in pig prices as devastating for the sector.

“We know the market has been very difficult on the continent over the last number of weeks with weekly price falls recorded.