IFA optimistic Irish pig farmers will soon be paid EU average price

IRISH processors held pig prices this week, despite continental counterparts cutting prices 4 to 6c per kg — attributed to oversupply of pigs, according to IFA.

Ireland was left at 95% of the EU average price for last week’s pigs, a figure not seen since May.

IFA are optimistic that figure could rise, because of supplies to Irish factories tightening.

This was evident in the week ending October 11, when the 46,793 factory pigs was about 1,600 head less than the previous week, and 450 less than the same week in 2007.

Export plants this week generally quoted for pigs at €1.58 to 1.64, flat rate, plus the welfare bonus of two to six cent, according to IFA. Pork slaughterers quoted €1.60 to 1.64.

Sow prices stayed at €40 to 44 per cwt liveweight, and weaners at €53 to 57 for 32 kg.


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