The Irish Farmers Association (IFA) has reported that pig prices in Ireland remain “unchanged” despite positive price movement within the UK and with exchange rates which are strongly in Ireland’s favour.
Chairman of the IFA pigs committee, Pat O’Flaherty, said there was “no excuse for Irish pig prices not to be rising in line with our UK counterparts”.
“It must be remembered that exchange rates are a double edged sword,” he added. “We are importing raw materials which makes for more expensive feed.
“Our pig prices must increase when we sell the resulting product into the same markets.”
Mr O’Flaherty said that Irish pig prices were now 4c/kg (3p/kg) behind a weak EU average and that this was a gap which producers in Ireland could not afford.