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09/03/2018
IFA Committee Chair Calls For Processors To Raise Producer Prices
Irish Farmers' Association (IFA) Pigs Committee Chairman, Tom Hogan, has called on all pig processors to increase producer prices to reflect major improvements in the pigmeat trade.
Speaking at the the IFA information meeting in Portlaoise on Wednesday, 07 March, Mr Hogan urged all processors to increase prices paid to all pig farmers to well in excess of the €1.50c/kg conservative estimate of the cost of production.
In recent weeks, other exporting European pig producing countries such as Germany and Denmark have experienced massive price improvements of up to 25c/kg, while Irish prices have remained static at the €1.40c/kg-€1.42c/kg level.
Mr Hogan said: "A number of factors provide justification for a significant price increase, including a stronger export trade, with Asian and the important Chinese market in particular, picking up over recent weeks, tightening supplies of pigs across the EU, and a steady demand for Irish product on the domestic market."
(LM)
Speaking at the the IFA information meeting in Portlaoise on Wednesday, 07 March, Mr Hogan urged all processors to increase prices paid to all pig farmers to well in excess of the €1.50c/kg conservative estimate of the cost of production.
In recent weeks, other exporting European pig producing countries such as Germany and Denmark have experienced massive price improvements of up to 25c/kg, while Irish prices have remained static at the €1.40c/kg-€1.42c/kg level.
Mr Hogan said: "A number of factors provide justification for a significant price increase, including a stronger export trade, with Asian and the important Chinese market in particular, picking up over recent weeks, tightening supplies of pigs across the EU, and a steady demand for Irish product on the domestic market."
(LM)
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Ireland WeatherToday:Very windy with persistent and occasionally heavy rain at first, becoming drier with the wind easing towards midday. Mainly dry with bright spells increasing during the afternoon. Milder than of late. Maximum temperature 14 °C.Tonight:Cloudy with clear spells, mainly dry evening becoming windy with rain at times from late evening. Turning drier with clear spells towards morning. Milder than of late. Minimum temperature 2 °C.
