Irish pig price rises 4c/kg amid strong EU demand and trade uncertainty

EU markets also strengthened, with German prices up 10c/kg last week — marking a 23c/kg rise over two weeks to €1.95/kg (ex Vat).

Irish pig prices rose by 4c/kg on Friday, with producers reporting average prices of €2.20/kg and higher offers of 6–7c/kg above this in some regions, reflecting strong market demand. 

EU markets also strengthened, with German prices up 10c/kg last week — marking a 23c/kg rise over two weeks to €1.95/kg (ex VAT).

The EU average price for grade E carcasses in week 13 was 190c/kg (ex Vat), up 4.4% on the previous month but still 13% below the same period last year.

Ireland’s pig price remains 110% of the EU average, according to European Commission figures for the week ending March 29, 2025.

Throughput at Irish export plants hit 69,009 head for the week ending March 31 — an increase of 13,915 on the previous week and 2,006 more than the same week in 2024.

Markets are unsettled, mainly due to rising trade tensions and new US tariffs, especially on China. Oil prices have dropped to about $57/barrel, adding pressure to other commodities, including feed ingredients.

Reports suggest some countries are rushing to import goods before new taxes take effect, while others are reassured by the timeline presented. This is particularly relevant for European soybean importers, as recent commission statements indicate tariffs on soy will come into force in December.