Better weather, demand help boost EU pig prices

Pig prices have increased in a number of EU countries, by as much as 6c/kg.

This is attributed to improved weather, strong demand and continuing strong exports.

Prices in Ireland for the week ended May 20 edged closer to the EU average, reaching 96%, for the first time since Aug 2011.

However, that is likely to fall back due to EU prices moving ahead recently.

Irish pig slaughterings are running 5% ahead of last year, compared to 1% ahead in Northern Ireland and 4% ahead in the UK.

Irish sow slaughterings are running 12% ahead.

IFA reports export plant flat rate quotes mostly at 158 to 163 cent/kg, plus a welfare bonus of 2 to 6 cent.

Pork slaughterers pay 162 to 168 cent.

Sows are at 105-115c/kg/kg deadweight.


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