‘Pig producers are losing €3000 a week, and some will go on the wall in the coming months

  • ‘Pig producers are losing €3000 a week, and some will go on the wall in the coming months
    FarmIreland.t. E.
    Breeders will go to the wall in the coming months, according to the Chairman of the Committee Mrs pig Tom Hogan, some farmers are currently losing €3000 per week.
    https://www.independent.ie/business/farming/agri-business/pig-farmers-are-losing-3000-a-week-and-some-will-go-to-the-wall-in-the-coming-months-37196141.html
    https://www.independent.ie/incoming/article37165394.ece/a4f6f/AUTOCROP/h342/ipanews_14b5d1d2-de5c-4864-8046-aa7b6e630db2_1

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Breeders will go to the wall in the coming months, according to the Chairman of the Committee Mrs pig Tom Hogan, some farmers are currently losing €3000 per week.

Hogan said the IFA together a plan to meet with banks about cashflow, he warned, there will be problems in the coming months.

However, he also warned that some farms will not survive in the coming months. “Certainly there will be casualties. Last year was a pretty good year, but it was filling the holes the previous year.”

Pig farmers are currently losing €8 to €10 per finished pig after leaving the gate, according to cork pig farmer Tom Sherman.

He said that the price has fallen sharply over the past 12 months, the price of food has soared at an average price of €70/t.

“We are losing on both sides that goes into the goal and that will leave if this continue as we go.

“We will not pay for what we need to keep in production.

“The cost of production is €1.50/kg, we get about €1.38/kg, from 10-12C-loss kilo of meat coming out of the gate, multiply it by 85 kg per pig. 500 units will reap the loss 2-3000 euros a week, or €140 000 per year.”

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Breeders, he said, always stood on my own two feet and do not receive any grants or subsidies, but they want equal.

“Irish supermarkets are investing so much money and time on registration of foreign meat look like Irish produce.”

“It tells me the Irish consumer is willing to support the Irish.

“We ask for clarity, a clear distinction between the meat and the meat is Irish,” Tom Sherman said.

Hogan also said that the Association to counter the retailers about it and educate the consumer.

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