Further pig price increase needed due to feed costs

IFA National Pigs Committee chairman Roy Gallie, is calling on processors to deliver price increases back to farmers immediately. This follows the recent increase which was urgently needed given the massive cost increases on farms.

Pig farmers acknowledged the price rise of 20c/ kg for pigs. “However, feed cost rose on average €45 per tonne, which wiped out the last recent price increase. Ireland’s price is still 10% below the EU average and 28% below break-even,” he said.

“We are calling on the processors for another 20c/ kg rise in the pig price for next week to help farmers pay for feed, and to bring us into line with other EU countries,” he said.