Swine news - Economy

Excellent export performance in recent years is linked to the sector's efforts to increase its presence in the global market, amid a gradual reduction in imports from China.

Brazil, the world's largest exporter of soybeans, experienced a reduction in the volume exported in 2024, compared to records in 2023.

Results will depend on whether China expands the list of Russian suppliers.

China's pork production decreased by 1.5% in 2024.

Agricultural production reached a record value of 68.43 billion euros, 4.3% more than in 2023.

These new regulations authorize the import, export, storage, and processing of animal feed products in a more streamlined way while reducing excessive regulatory costs.

It is the fourth largest export destination in Southeast Asia, with purchases of around USD 350 million annually in poultry, pork, and new beef products.

Following the confirmation of a case of foot and mouth disease in Germany, more countries have implemented measures to prevent the entry of the disease.

China seeks to implement grain-saving actions in the livestock industry to improve efficiency and save grain.

The Irish pigmeat sector recorded a modest recovery in exports during 2024, despite a highly competitive market environment for pork internationally.

Submit electronic or written comments on the draft guidance by May 7, 2025.

November U.S. pork exports posted year-over-year gains, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF).

Record-high support for the EU's Common Agricultural Policy, with 70% backing its role in sustainable food and 92% valuing agriculture's future.

China's grain output reached 706.50 million tons for the first time in 2024.

By contrast, pig meat prices declined, underpinned by weaker-than-expected consumer demand in the European Union ahead of the winter holidays.

Thailand's pig production increased last year as the country recovered from African swine fever. Pork imports and exports increased.

The FAO Cereal Price Index in December was relatively unchanged from November. For the year as a whole, the Index averaged 13.3% below the 2023 level.

Exports to China had the largest reduction, explained in particular by reductions in exports of pigmeat.

Now China is in the top three buyers of Russian pork products. At the end of the year shipments there may approach 50 thousand tons.

The EU Council defines key objectives of the CAP, including sustainability, administrative simplification, and support for small producers.

Of the total 930,000 ha, 70% is in excellent condition and the remaining 30% in very good condition. In fact, 21% already have an almost assured good yield because they have received more than 60 mm in the last 10 days.

The European Commission has released its latest EU agricultural outlook report, which presents the market projections for EU agriculture until 2035.

Compared to November's report, U.S. corn exports are forecasted higher, lowering grain stocks, while global soy output rises, led by Argentina's growth.