Pig Market Reports

 

Monday May 20th 2013

Pig Price and Pig Meat Market Report

Week-Commencing May 20^th 2013

 To say producers across the EU are grumbling would be an understatement with the French taking more drastic action & beginning to protest.  UK farmers are extremely dissatisfied that their prices has not continued on its upward trajectory this week but indications are that supplies remain tight as wholesalers prep for any change of good weather in June.  The lower EU prices have bolstered exports which should balance out any surplus and lead back to higher prices.  Irish pig prices for the week ending May 12th was 1.64 and with EU prices dropping that week by 2c/kg to €1.65/kg, Irish prices which means that Ireland achieved 99% of the EU average. 

 Factory pig throughput in Republic of Ireland export plants for the short week ending May 11th 2013 was 46,477 which was 9,922 head more than in the previous short week and 35 head less than in the corresponding week in 2012.  Pig slaughterings are now 1.4% behind the previous year and sow slaughterings are 3.1% behind the same period in 2012. 

 Export Plants:  On a flat rate basis mostly 168 – 172 cent/kg in Dawn and Rosderra Meats between 168-173 cent/kg. 

 Pork Slaughters: The price range is from 168– 174 cent/kg. 

 Sows:   108 – 116c/kg DW.

 Weekly Slaughterings:  Week-ending 11/05/2013     Pigs: 46,477 Sows: 1,677

 

 EU-27 PIGMEAT REFERENCE PRICE 12/05/13 

Irish price                                            €1.64/kg

EU–27 average price                          €1.65/kg

(Grade E pigs – 55% to 60% lean meat excluding VAT but including transport and bonuses).

 

Pig prices reported to IFA

week-commencing 20/05/13

Rosderra        €1.68/kg – €1.73/kg

Dawn              €1.67/kg – €1.72/kg

Pork Sltrs.      €1.68/kg – €1.73/kg

The Chairman of the IFA National Pigs Committee Pat O’Flaherty said that EU producers are reacting to the lull in prices. The French are protesting & there are reports of serious disquiet in the UK despite rising prices in the former (not enough with 25c/kg sought) & a stable shout price of €1.90 available in the latter & a surge forecast as soon as the sun comes out. Irish prices lag behind the EU by just 1%. Teagasc data has feed prices at 136/kg & when non-feed costs are added, farmers are in severe deficit, prices must rise immediately to prevent farm closures. 

 

 

Market Report

Monday May 13th 2013

 

Pig Price and Pig Meat Market Report

Week-Commencing May 13^th 2013

Irish producers were disappointed that the 4c/kg decrease was not reversed this week in light of the fact that our largest export market, the UK market was able to move forward this week.  The UK which is generally ahead of the pack is now charging away as spot prices of €2/kg (£1.70/kg) and shout prices of €1.93/kg (£1.63/kg) are available this week.  French factories also staged a comeback with prices rising on both Thursday last and today (Monday 13^th), the other EU countries including the Germans were in a stand on position.  Irish pig prices for the week ending May 5th was 1.64 but EU prices dropped that week by 2c/kg to €1.68/kg which means that Ireland 98% of the EU average. 

Factory pig throughput in Republic of Ireland export plants for the week ending May 4th 2013 was 56,399 which was 2,923 head more than in the previous short week and 613 head more than in the corresponding week in 2012.  Pig slaughterings are now 1.5% behind the previous year and sow slaughterings are 3.7% behind the same period in 2012. 

Export Plants:  On a flat rate basis mostly 168 – 172 cent/kg in Dawn and Rosderra Meats between 168-173 cent/kg. 

Pork Slaughters: The price range is from 168– 174 cent/kg. 

 

Sows:   108 – 116c/kg DW.

Weekly Slaughterings:  Week-ending 04/05/2013     Pigs: 56,399 Sows: 2,311

 

 

EU-27 PIGMEAT REFERENCE PRICE 05/05/13

 

Irish price                                            €1.64/kg

EU–27 average price                          €1.68/kg

(Grade E pigs – 55% to 60% lean meat excluding VAT but including transport and bonuses).

 

Pig prices reported to IFA

week-commencing 13/05/13

Rosderra        €1.68/kg – €1.73/kg

Dawn               €1.67/kg – €1.72/kg

Pork Sltrs.      €1.68/kg – €1.73/kg

The Chairman of the IFA National Pigs Committee Pat O’Flaherty said that the situation on Irish pig farms is once again dangerously close to all out crisis. Factories blame a lack of uptake and slacker export markets for poorer prices but the UK, biggest export market, has been on the rise for the last two weeks with spot prices at £1.70/kg (€2/kg) and shout prices up to £1.63 (€1.93) available. France also bucked the stability train this week with an increase on Monday which followed last Thursdays rise. This doesn’t help producers who are loss making, factories must make ground.  

 

Market Report

Monday May 9th 2013

 Pig Price and Pig Meat Market Report

Week-Commencing May 6^th 2013

Pig producers across the EU were devastated as pig prices took another downward turn this week and unfortunately Irish producers were subject to the same loss inducing moves with a 4c/kg drop passed back almost unilaterally.  The comment across the continent is the same with supply outstripping demand at home and a lacklustre export market adding to the trouble.  However, the weekend weather upturn in the EU along with depleting stocks have boosted the trade somewhat with more positive reports come Monday.  Irish pig prices for the week ending April 28^th was 1.64, and with the EU average dropping 1c/kg in that week, Ireland achieved 97% of the EU average.  This of course precedes the most recent changes. 

 Factory pig throughput in Republic of Ireland export plants for the week ending April 27th 2013 was 53,476 which was 2,293 head less than in the previous short week and 4,171 head less than in the corresponding but short week in 2012.  Pig slaughterings are now 1.5% behind the previous year and sow slaughterings are 4.4% behind the same period in 2012. 

 Export Plants:  On a flat rate basis mostly 168 – 172 cent/kg in Dawn and Rosderra Meats between 168-173 cent/kg. 

 Pork Slaughters: The price range is from 168– 174 cent/kg. 

 Sows:   108 – 116c/kg DW.

 Weekly Slaughterings:  Week-ending 27/04/2013     Pigs: 53,476 Sows: 1,540

  

EU-27 PIGMEAT REFERENCE PRICE 28/04/13

 

Irish price                                            €1.64/kg

EU–27 average price                          €1.70/kg

(Grade E pigs – 55% to 60% lean meat excluding VAT but including transport and bonuses).

 

Pig prices reported to IFA week-commencing 06/05/13

Rosderra        €1.68/kg – €1.73/kg

Dawn              €1.67/kg – €1.72/kg

Pork Sltrs.      €1.68/kg – €1.73/kg

 The Chairman of the IFA National Pigs Committee Pat O’Flaherty said that Friday’s price drop (4c/kg) in Ireland was a massive blow to pig producers. EU pig producers fared little better with price drops led by the Danish and followed by others. The UK was however able to maintain a steady position with shout prices still all above the €1.90/kg mark. Prior to the weekend there was little positivity coming in relation to demand uptake but the weekend weather upturn had positive effects with the German market now said to be in equilibrium.  

 

 

Pig Market Reports

Monday April 29th 2013

 

Pig Price and Pig Meat Market Report

Week-Commencing April 29^th 2013

 

A majority of Irish producers suffered their 4c/kg loss two week ago but this week it was the turn of the Europeans.  The German fall of 6c/kg was followed by a number of others although both the British and the Danish were able to withstand any pressures.  The supply and demand curve are not balancing in producers favour and there is massive concern across the EU about the sustainability of production at current price levels.  The Irish price the week ending April 21^st was 1.64, 2.3% lower than in the previous week and 1% higher than the equivalent week in 2012, the EU prices was stable at €1.71/kg.     Ireland is therefore now achieving 96% of the EU average. 

 

Factory pig throughput in Republic of Ireland export plants for the week ending April 20th 2013 was 55,769 which was 680 head less than in the previous short week and 1,148 head less than in the corresponding but short week in 2012.  Pig slaughterings are 1.1% behind the previous year and sow slaughterings are 3.3% behind the same period in 2012. 

 

Export Plants:  On a flat rate basis mostly 172 – 176 cent/kg in Dawn and Rosderra Meats between 172-176 cent/kg. 

 

Pork Slaughters: The price range is from 172– 178 cent/kg. 

 

Sows:   108 – 116c/kg DW.

 

Weekly Slaughterings:  Week-ending 21/04/2013     Pigs: 55,769 Sows: 1,926

 

 EU-27 PIGMEAT REFERENCE PRICE 21/04/13

 

Irish price                                            €1.64/kg

EU–27 average price                          €1.71/kg

(Grade E pigs – 55% to 60% lean meat excluding VAT but including transport and bonuses).

 

 

Pig prices reported to IFA week-commencing 29/04/13

Rosderra        €1.72/kg – €1.77/kg

Dawn              €1.72/kg – €1.76/kg

Pork Sltrs.      €1.72/kg – €1.77/kg

 

The Chairman of the IFA National Pigs Committee Pat O’Flaherty said that it was a sad state of affairs when the Irish factories drop prices in isolation as happened two weeks ago but other major pig producing countries across the continent took the same line this week.   Disappointment was evident; however the Danish and UK market managed to withstand any pressures and as noted Ireland has already suffered her loss.  Irish slaughterings are 1% behind last year’s equivalent figure with the North just slightly ahead.  BarBQ boom badly needed all over EU.

Pig Price and Pig Meat Market Report April 22nd 2013

Monday April 22nd 2013

 

Pig Price and Pig Meat Market Report

Week-Commencing April 22nd 2013

 

EU pig prices stalled this week with most processors waiting for the bar-b-q drive on the supply and demand curve to take off and although weather is improving, the garden shed is still locked.  Indications are that trade for meat within the EU was stable with wholesale prices unchanged but imports particularly to China are beginning to pick up once more following a slowdown of late.  The main markets of Denmark, Germany and the Netherlands were all unchanged at producer price level but the Belgium increase of last week was retracted and French prices dropped with more supplies than required. 

 

Factory pig throughput in Republic of Ireland export plants for the week ending April 13th 2013 was 56,449 which was 10,174 head more than in the previous short week and 10,505 head more than in the corresponding but short week in 2012.  Pig slaughterings are 1.1% behind the previous year and sow slaughterings are 3.7% behind the same period in 2012. 

 

Export Plants:  On a flat rate basis mostly 172 – 176 cent/kg in Dawn and Rosderra Meats between 172-176 cent/kg. 

Pork Slaughters: The price range is from 172– 178 cent/kg. 

Sows:   108 – 116c/kg DW.

Weekly Slaughterings:  Week-ending 13/04/2013     Pigs: 56,449 Sows: 2,129

 

 

EU-27 PIGMEAT REFERENCE PRICE 14/04/13

 

Irish price                                            €1.68/kg

EU–27 average price                          €1.68/kg*

(Grade E pigs – 55% to 60% lean meat excluding VAT but including transport and bonuses).

*IFA believes that there is a mistake with the commission quoted figure this week

 

Pig prices reported to IFA week-commencing 22/04/13

Rosderra        €1.72/kg – €1.77/kg

Dawn              €1.72/kg – €1.76/kg

Pork Sltrs.      €1.72/kg – €1.77/kg 

The Chairman of the IFA National Pigs Committee Pat O’Flaherty said that processors maintained a stable price this week across most of the EU with a calm air evident. All are awaiting the big pull on demand to come but in the meantime farmers are counting the losses. The 4c/kg drop was a hard blow but for some it didn’t materialize & was partially retracted elsewhere. The Irish price is almost 14% higher than it was in March 2012 while the EU average is only 6% higher showing how far Irish prices had to come in the last 12 months to come within touching distance of the EU average.

Pig Market Reports

Pig Price and Pig Meat Market Report

Week-Commencing April 15th 2013

EU pig prices were on this move this week.  Germany, the Netherlands and Belgium all increased prices by 1-2c/kg.  There was a greater move in the UK with a 2p/kg sterling (3c/kg euro) increase driving a larger divide between the two islands.  There is well over €1.90/kg freely available in the UK market which makes the transport look very attractive to any Irish pig producer so inclined to put the pigs on a boat.  Last week’s commission forecast meeting showed that there will be no immediate recovery in the breeding herd so processors had better keep a close eye on the supplies at their fingertips.  For the week ending April 7^th Irish pig prices were on 98% of the EU average.

Factory pig throughput in Republic of Ireland export plants for the short week April 6th 2013 was 46,275 which was 10,380 head less than in the previous week and 10,341 head less than in the corresponding week in 2012.  Pig slaughterings are 2.5% behind the previous year and sow slaughterings are 5.3% behind the same period in 2012.

Export Plants:  On a flat rate basis mostly 172 – 176 cent/kg in Dawn and Rosderra Meats between 172-176 cent/kg.

Pork Slaughters: The price range is from 172– 178 cent/kg.

 

Sows:   105 – 120c/kg DW.

Weekly Slaughterings:  Week-ending 06/04/2013     Pigs: 46,275 Sows: 1,489

EU-27 PIGMEAT REFERENCE PRICE 07/03/13

Irish price                                            €1.68/kg

EU–27 average price                          €1.72/kg

(Grade E pigs – 55% to 60% lean meat excluding VAT but including transport and bonuses).

 Pig prices reported to IFA – week-commencing 15/04/13

Rosderra        €1.72/kg – €1.78/kg

Dawn              €1.72/kg – €1.77/kg

Pork Sltrs.      €1.73/kg – €1.78/kg

The Chairman of the IFA National Pigs Committee Pat O’Flaherty said that last Fridays Irish pig price fall was a severe blow to the industry.  In a week when the industry was already in turmoil with disease concerns, EU pig prices beginning to rise and farmers still arguing with millers to see raw material drops reflected in feed prices, this was completely unjustified.  The word most commonly quoted by pig producers on this ‘opportunistic’.  Germany, Holland and Belgium all increased prices this week as did the UK who jumped by 2p sterling. Spot prices across the water €1.90

Pig Price and Pig Meat Market Report Week-Commencing April 8th 2013

Although EU pig price increases were not evident across the board, there have been some optimistic movements with the Dutch and Belgians moving in a positive direction. Since the start of January, EU prices have increased marginally upwards whereas Irish price have remained static.  Meanwhile in our nearest neighbour and largest market, the cold weather and as a result of units emptying last year supplies are dwindling leading to pig prices in the UK increasing this week (up to €1.93/kg spot paid). A forecast meeting of the commission today (Tues) will reveal if decreases are also evident across the EU.  Irish pig producers achieved 98% of the EU average for the week ended March 31^st 2013. 

 

Factory pig throughput in Republic of Ireland export plants for the short week ending March 23rd 2013 was 56,655 which was 9,433 head less than in the previous week and 1,223 head less than in the corresponding week in 2012.  Pig slaughterings are now just 1.3% behind the previous year and sow slaughterings are 5.1% behind the same period in 2012. 

 

Export Plants:  On a flat rate basis mostly 175 – 179 cent/kg in Dawn and Rosderra Meats between 176-180 cent/kg. 

 

Pork Slaughters: The price range is from 173– 180 cent/kg. 

 

Sows:   105 – 120c/kg DW.

 

Weekly Slaughterings:  Week-ending 30/03/2013     Pigs: 56,655 Sows: 1,692

 

 

EU-27 PIGMEAT REFERENCE PRICE 31/03/13

 

Irish price                                            €1.68/kg

EU–27 average price                          €1.71/kg

(Grade E pigs – 55% to 60% lean meat excluding VAT but including transport and bonuses).

 

Pig prices reported to IFA

week-commencing 08/04/13

Rosderra        €1.75/kg – €1.80/kg

Dawn              €1.74/kg – €1.79/kg

Pork Sltrs.      €1.73/kg – €1.77/kg

 

The Chairman of the IFA Pigs Committee Pat O’Flaherty said that pig prices in the UK have begun to increase (up to €1.93/kg spot paid) as the cold weather and units emptying last year starts to impact on supplies. A forecast meeting of the commission today (Tues) will reveal if decreases are also evident across the EU. Although price increases were not unanimous across the EU, there have been some optimistic movements. Since the start of January, EU prices have increased marginally upwards whereas Irish price have remained static – producers need a rise badly.