Pig prices hold at €2.14 to €2.18/kg
Pig Export Ireland Head For Republic Ending Plants In 64,034 Was Week 13 October Of Throughput The Factory
There was no change to Irish pig prices on Friday last, with producers reporting quotes ranging from €2.14 to €2.18 from processors in ROI.
Prices in Northern Ireland and the UK remain strong, as they have been for the first nine months of the year. The Standard Pig Price in the UK reported by AHDB is currently £2.05/kg (€2.45/kg).
Bord Bia’s export performance of primal Irish pigmeat for January to August shows an increase in value and volume by 5% compared with the same period the previous year. For the past six months (March to August), pigmeat exports increased in value by 6%, while volumes increased by 7%.
On the EU feed ingredient market, European markets are adjusting prices due to a weaker Euro, but EU prices remain less competitive than Russian origins.
Concerns are growing over Russian export policies and tensions at Ukrainian ports. Grain prices declined slightly. Weather-related delays are affecting French harvests and sowing, and rapeseed prices dipped ahead of contract expirations.
Factory pig throughput in Republic of Ireland export plants for the week ending October 13 was 64,034 head, which was 1,858 more than last week and 2,677 more than in the corresponding week in 2023.
