Feed price rise pushes up pig breakeven price

Pigmeat market report

The Irish pig price has remained 22% above the EU average, which is dragged down by Germany’s exclusion from the China market.

IFA has welcomed trade in the pig sector getting back into full swing with a weekly throughput of 71,891 pigs, and up to €1.58/kg paid, with deals and additional payments taking the price close to €1.60 for many farmers (sow prices quoted at 46c-52c/kg deadweight).

But with feed prices rising in recent weeks, the breakeven price has risen well above €1.50/kg, towards €1.60/kg.