EU pig prices at their highest level in a year

Feed price increases have reduced profit margins on farms

The reopening of the foodservice sector and demand from China have supported the market. File Picture. 

The Irish average pig price stays at €1.71c/kg, with 92c-€1.04/kg on offer for sows, according to IFA.

It said the EU average price has risen slightly in the past week, and prospects for the months ahead are very positive, which should see the Irish price head towards the Spanish price of €1.99/kg, the best in the EU currently.