Prices for pigs in the Netherlands have reached the highest quotes in months – and further rises, even record-breaking, are thought to be likely.
This week and last week, pork processor Vion paid €1.65 for 1 kg slaughterweight. As there are limited supplies, further rises are expected – some even predict prices up to €1.90/kg, which would be even higher than 2001.
In that year, supplies were limited due to the outbreak of Foot-and-Mouth Disease (FMD).
Euphoria is somewhat limited however, due to high feed costs.
Prices in Ireland have been going up as well, as according to the Irish Farmers Association (IFA), processors have passed €0.04/kg extra back to suppliers this week.
This left export plant quotes generally at €1.59 to €1.64/kg, plus the welfare bonus of €0.02 to €0.06. Pork slaughterers quoted from €1.62 to €1.66.
Apart from Ireland, prices have also been going up in e.g. Germany and Austria, attributed to supply shortages.
â€¢ Vion Foods
â€¢ Irish Farmers Association
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