Pig price drop put down to shift in EU markets

The failure of the summer tourism season because of Covid-19 has dampened demand

Pig prices dropped 4c on the kilo as demand from China eased. File Picture. 

The Irish pig price dropped 4c/kg last Friday, resulting in quotes for this week ranging from €1.66c/kg up to €1.70 or €1.72/kg in cases.

Throughput was back to 68,217 - a reduction of around 4,000 on the past few weeks. Reasons behind this price reduction are to be found across the European pigmeat market.