Swine news - Economy

The FAO cereal price index decreased by nearly 5% in May.

The suspension of all customs duties, quotas, and trade defense measures on Ukrainian exports is renewed.

Bringing medicines to the market has become faster and less costly.

The new regulation extends the indication of the origin of fresh, chilled, and frozen pork, sheep, goat, and poultry meat to non-prepackaged meat.

Santa Catarina was responsible for 55% of Brazil's exported quantity of pork this year and 57% of the value.

Soybean production reached a record 15 million tons, with increased planted area and yields.

The first three German slaughter and processing plants were re-approved by the Korean authorities for export to South Korea.

The growth rate of pork production was higher than that of beef and similar to that of poultry.

While margins were still negative, improving pig prices and feed costs moved the sector much closer to profitability.

Excludes pork from areas affected by African swine fever.

Currently, six establishments in Mexico are approved to export chilled pork to Singapore.

The market for vegetarian or vegan alternatives to meat continues to grow, with production up 6.5% compared to 2021.

Due to the decrease in soybean production, Argentina's raw material import needs are increasing in order to keep mills running.

French President Emmanuel Macron's recent state visit to China paved the way for the approval of 15 companies (4 slaughterhouses and 11 processing plants) to export pork to China.

Increased crop production in the United States and Brazil, recovery of harvest levels in Argentina and the European Union.

These by-products are used for industrial, opotherapeutic purposes, or as raw materials for the pharmaceutical industry.

Hog slaughter increased by 3.5% year-on-year in the first quarter of 2023.

This new extension will allow Ukrainian grain exports to continue.

In March 2023, the French agri-food trade surplus reached its lowest level for the month of March since 2009.

Russian pork exports continue to recover after falling last year.

Pork exports to Japan are estimated to increase as a result of these trade agreements, with the United States having the highest estimated gains.

The swine inventory in Iloilo has dropped 62% compared to before African swine fever hit.

For twelve consecutive months, the volume of pigs slaughtered has declined dramatically.

California’s Proposition 12 bans the sale of pork in the state from hogs born to sows that weren’t raised according to the state’s production standards.