Some pig processors have shown a complete lack of support to farmers for not passing on the expected price increase last week, according to IFA’s Pat O’Flaherty.
IFA Pig Committee Chairman, O’Flaherty said that it was infuriating that not all processors passed back the price increase of 4c/kg offered by some processors.
However, the IFA representative said it was very positive to see southern factories adding 4c/kg to supplier prices on Friday.
According to IFA, both Dawn and Staunton’s offered prices of 148c/kg, up 4c/kg on the week before, while the remaining factories offered prices of €1.42-1.44c/kg.
O’Flaherty continued to say that European prices moved up again due to a stronger trade in Southern Europe as the holiday season gets underway.
Both Spain and France have now edged ahead of the German price, he said. Source: Bord Bia According to Bord Bia, just over 66,000 pigs were slaughtered at export approved plants during the week ending May 20, 4% or 3,000 head higher than the corresponding week last year.
It also shows that the cumulative supplies to date are up 7% or 80,000 head on the same time in 2015, driven by a 7% increase in finished pig supplies.
Net pigmeat production has also shown some increase, it reports. This is due to higher throughput and some rise in carcass weights.
According to Bord Bia, the British pig trade continues to improve on the back of higher demand, particularly for barbeque cuts.
It says that the French trade was relatively strong last week following increased demand during Pentecost, where throughput reached over 314,000 head.
Demand for French pork remains high particularly in third countries such as China which is leading to higher domestic production, it says.
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