Swine news - Economy

The closure will have a significant impact on Canadian pig production.

Producers in both countries are struggling to be profitable as pork consumption is trending low.

The European Court of Auditors has just published a report on the transport of animals within the EU. According to the Court, regional differences in costs encourage the transport of animals in the EU and Member States apply the rules unequally.

The visit of the Vice Administrator, Mr. Jia Qian, and his delegation was an opportunity to exchange information on grain production and distribution in the countries of the region.

As expected, the agency made further cuts in estimated production volumes for Argentina's crops, while for the other countries, there were no significant changes. The first forecasts for the 2023/24 season will be released in the May 12 report.

The strong performance is explained not only by an increase in the area planted but also by improved yields. However, the final result still depends on the weather, a determining factor for the development of second and third-harvest crops.

Poland, Hungary, and Slovakia have temporarily banned imports of grain and other agricultural products from Ukraine.

Pigmeat remained the European Union's leading exporting meat product despite a decrease.

Agri-food trade in 2022 saw good performance despite challenges.

There were 9.1 million farms in the EU in 2020, down the equivalent of 37% from 2005.

The Philippines expects increased pork production in 2023 and decreased imports.

EU oilseed production could reach a new record in 2023/24 while cereal production is also expected to increase, according to short-term outlook report.

The government has committed to regulating pig contracts to support the supply chain and provide greater certainty across the whole sector.

Little change in overall feed production is expected for 2023/24 but corn utilization in feed rations should rise.

Global meat consumption is expected to increase by 2030, while a shift in market preferences from traditional meat to plant alternatives can be observed.

The FAO Meat Price Index for pig meat prices increased slightly in March.

This month’s decrease in the FAO Cereal Price Index reflects a fall in international prices of all major cereals.

Study demonstrates pork and beef exports’ value to corn and soybean industries.

U.S. pork exports remained robust in February, achieving double-digit increases over last year in both volume and value, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF).

Germans consumed about 2.8 kg less pork.

Although there was a 2% decrease compared to December, the inventory is up slightly compared to March 1, 2022.

Producers expect to plant 92.0 million acres of corn and 87.5 million acres of soybeans in 2023.

Low breeding sow numbers and African swine fever will push EU pigmeat production further down in 2023. Further decline in exports to China will contribute to a reduction of EU exports.

Russia increased meat production by 12.2% in the first 2 months of this year.