IFA outrage at Glanbia’s 5c/kg pig price cut

IFA has accused Glanbia of reneging on previous commitments to pig suppliers, by leading a price drop of 5c/kg.

Pigs committee Chairman Pat O’Keeffe said Glanbia pay the lowest price, having assured producers in August they would slaughter all the extra pigs from Galtee, and pay a competitive price. ‘IFA will not tolerate producers being taken advantage of in this callous manner,’ he warned.

According to IFA, McCarrens and a small number of other processors followed the Glanbia lead, leaving prices ranging from €1.31 to €1.37 in Glanbia and McCarrens. Elsewhere, prices were unchanged this week, at €1.39 to €1.44/kg. Export plants quoted on a flat rate basis at 140 to 143 cent/kg net in Dawn and 131 to 137 in Glanbia, said IFA. Welfare pigs averaged €1.45 to €1.48/kg.