Pig Trade & Prices
The average price paid for grade E pig prices in Ireland for the week ending July 25th remained at €1.63/kg. This is a however a decrease of 8c/kg on the same week last year. Irish prices currently sit 13c/kg above the EU Grade E price, which has stabilized to €1.50/kg. Irish prices have fallen by 15% since early February, with prices now remaining stable for the past 2 months. With some further easing of lockdown measures over the past few weeks across the world, demand for pigmeat has improved.
A total of 67,122 pigs were sent for processing in Irish export plants during the week ending July 25th 2020. Throughput was down on the previous week by 253 head. Throughput for the same week 12 months ago was similar, with 200 less pigs sent for processing in week 30 in 2019. So far in 2020, pig throughput levels are currently running 1% above 2019 levels, with 1,971,566 pigs sent for processing in the Republic so far this year. (+17,153)
See our weekly updated market trends.