Swine news - Economy

An additional P300 million for backyard and semi-commercial hog raisers has been allotted.

The first half of 2021 represents the worst financial situation for pig producers, across a six-month period, on record.

July pork exports were driven mainly by growth in Mexico, Central America, Colombia and the Philippines.

Swine production to increase in 2022 following a rebound in the sow population. Pork production is expected to increase 2% to meet strong demand for domestic pork.

Agri-food and fishery exports reached an all-time high in 2020, driven by foreign sales of pork and fruit.

USDA’s National Agricultural Statistics Service forecasted soybean and corn production up from 2020.

The Mexican market is now open for British pork for the first time, which means a potential boost of £50m for the UK over the first five years of trade.

In the first half of 2021, German pork production decreased by 1.2% compared to the same period of the previous year.

According to the 2020 agricultural census, 79% of pigs were kept on fully slatted floors.

With the modifications of this new regulation, the hygiene regulations applicable to products of animal origin are updated.

According to the FAO meat price index, global pig meat prices fell in August due while bovine, ovine, and poultry meat rose.

USDA predicts growth for Brazil's pig and pork production in 2021 and 2022.

U.S. pork exports closed the first half of the year on a strong note, according to data released by USDA and compiled by the U.S. Meat Export Federation.

USDA predicts that pork production in China will decrease in 2022 due to low inventories and a smaller sow herd.

According to Rabobank's quarterly report, redistribution of pork trade could place downward pressure on pork prices in exporting regions.

A report on the implementation and impact of mandatory indication of the country of origin for certain meats has been published.

The number of organic pigs increased by 36% between 2010 and 2020 and represents just under 1% of the total pig inventory.

Since last May, Chinese imports of pork and offal have been below the values of the same month of the previous year.

The export value of pig meat in the first four months of 2021 was up 10% from last year.

According to Copa-Cogeca, after the complicated situations experienced in 2020 across Europe, a more optimistic 2021 harvest is expected in the EU, with a total of 292.45 and 30 million tons of cereals and oilseeds, respectively.

According to the Chinese government, the breeding sows in the country are at 102% of the levels they were at the end of 2017.

The country's pork production is up 36% in the first half of 2021.