Swine news - Economy

Global wheat and barley export prices fell month-on-month while maize, sorghum, and rice prices increased.

Shipments to most destinations decreased. Canada and South Korea show the greatest declines.

The English breeding pig herd has fallen to its lowest figure ever recorded.

World pig meat prices decreased for the second consecutive month due to lackluster import demand.

This week, the results of the Strategic Dialogue on the Future of Agriculture in the European Union were presented, a key meeting for the agricultural sector across the continent.

Paraná exported around 56 tons of frozen pork cuts to the Philippines in July.

Corn could suffer a year-on-year decrease of 21% in area, representing 2 million hectares.

Pig slaughter up by 2.4% compared to the second quarter of 2023.

Pork shipments abroad increased by more than 25% in the first half of the year.

It is expected that by the end of 2024, the total export of Russian pork to foreign markets will reach the target of 300 thousand tons.

For the first time since 2016, there was a slight increase in pork production in the first half of the year.

The government announced the elimination of export duties on beef, pork, and dairy products and a 25% reduction in withholding taxes for different meat chains. The objective is to strengthen competitiveness.

Updated guideline makes recommendations to strengthen documentation supporting animal-raising or environment-related claims on meat product labeling.

The cost of PRRS has increased by 80% in the last decade.

China's securities regulator approves registrations of new options.

Rusagro Group, one of the largest Russian agricultural holdings, plans to supply up to 10,000 tons of pork meat to China in 2024.

Pig and cattle inventories continue to decline in Belgium while the number of poultry, sheep, and goats is increasing.

Vietnam and the rest of Southeast Asia holds immense opportunity for U.S. exporters.

Pork exports from Santa Catarina set a record in July with the best result since 1997.

According to the latest estimates from the OECD - FAO Agricultural Outlook 2024 - 2033, Asia and Latin America will be the regions that will grow the most in the next 10 years, while Europe is expected to see decreases in its key indicators.

Planting intentions fell 30% compared to last year in the region. Fear of the lack of rains in September, La Niña, leaf hoppers, and the lower harvest price explain the drop.

The national strategy will enable Spain to take a leading position in the debate on sustainable food systems, which is already on the agenda of international organizations.

The Government has established a common integrated system of official border controls for agri-food exports and imports.

Spain is the main pork supplier to the Philippines, with 145,000 tons exported in 2023.