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Friday, June 27, 2008
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Pig Prices Take an Early Leap

AUSTRALIA - Pig prices are already starting to climb with pork rising six cents a kilogram (carcase weight) in the past week to hit 296c/kg, while bacon jumped 7c/kg to 266c/kg during the same period.

During the past month pig prices have been gradually creeping towards top dollar and the drought in pig numbers is helping the prices soar, reports The Land.

William Inglis and Son stock agent, Stephen Nutt, Camden, said more pig producers were getting out of the game due to the high cost of feeding.

“The pig market is bopping along not setting any records, but the shortage of numbers is starting to affect the market,” he said.

View The Land story by clicking here.

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