Surprise increase for pig suppliers
Ending Week Were Which Weekly July Of 1,854 61,299, Was 14 Sows Throughput The For
There was an unannounced increase of 2c/kg paid on Irish pig prices on Friday and producers are reporting quotes of at least €2.38-€2.40 available from processors in ROI, with some reporting up to €2.45/kg available signalling strong demand for ROI pigs.
The weekly throughput for week ending July 14 was 61,299, of which 1,854 were sows. The total was 466 more than last week and 1,139 more than in the corresponding week in 2023.
The latest CSO data overview of exports and imports for the period January to May saw export levels unchanged year-on-year.
UK (32%) and China (22%) are the two top export destinations for Irish pigmeat exporters. Offal comprises of 26% of the total Chinese exports. The largest year on year decreases in Irish exports are to Australia (-45%) and S Kora (-39%). For the same period last year, 5,389 tonnes were exported to Australia and 1,903t to South Korea. This is now back to 2,958t to Australia and 1,152 to South Korea.
Imports were up 8% in volume compared with the same period last year, with the UK and the Netherlands accounting for 56% of total imports. Imports from the Netherlands are up almost 1,750t for the period.
