Pig Trade & Prices
The average price paid for grade E pig prices in Ireland for the week ending April 3rd saw a 4c/kg increase, moving the overall price to €1.59/kg (excl. VAT). This is a decrease of 22c/kg on the grade E Irish pig price 12 months ago. Irish pig prices sit 2c/kg above the EU Grade E price, which has lifted again in the past week to €1.57/kg. With demand for European pigmeat being driven by the Chinese & Asian markets, coupled with the tight pig supplies available across Europe, prices for pigmeat may see further increases in the coming weeks and months.
A total of 68,172 pigs were sent for processing in Irish export plants during the week ending April 3rd. This was a decrease of 6,034 head compared to the previous week, as export meat plants operated a 4 day production week on account of Good Friday. For the same week 12 months ago, throughput was 3,498 head higher than last week. Throughput so far in 2021 has increased by 53,748 head compared to the first 13 weeks of 2020 (+6%).
See our weekly updated market trends.