Swine news - Economy

With this budget increase, the government assumes there are sufficient funds to honor all approved applications.

Per capita meat consumption fell below 52 kilograms in 2023.

According to Cepea, the good export pace reflects the negotiations of fixed-term contracts which took place in 2023.

The import volume increased despite the significant rise in prices.

Austrian pork meat producers will be able to supply parts such as offal, feet, and heads to China.

The government will financially support young farmers who start or take over a business.

Parliament and Council reached a new provisional agreement on extending temporary trade measures for Ukraine.

Global wheat export prices declined while maize export prices edged marginally upwards.

The last positive farm successfully completed its remediation plan in 2022, maintaining sustained negative results to date.

The soybean harvest started with good yields, but only 3% of the first soybean fields in the core region were harvested. Corn harvest is 30% behind the last 5 seasons.

Pig meat prices increased, mainly reflecting higher internal demand ahead of the Easter holidays.

Fueled by growth in the Western Hemisphere, South Korea and Australia, U.S. pork exports posted another excellent performance in February.

According to the Federal Statistical Office (Destatis), based on the final results of the 2023 agricultural structure survey, the number of livestock farms fell by around 4% or 7,100 farms between 2020 (around 168,800 farms) and 2023.

After rising sharply in 2021 and 2022, French pork imports fell in 2023.

Preliminary data indicates that prices of affected pork products in California rose 20% on average.

Key points from the Prospective Plantings report released by USDA’s National Agricultural Statistics Service (NASS).

As of March 1, there were 74.6 million hogs and pigs on U.S. farms.

The European Commission has published a report outlining the good progress made so far under the EU's long-term rural vision, highlighting positive outcomes delivered since 2021 and presenting ideas for future work.

French export volumes (excluding offal) fell sharply in 2023 (-40,000 t carcass).

Swine production in France has mirrored the trend in livestock numbers, decreasing in 2023.

France's swine inventory is expected to continue to decrease gradually in 2024.

Strong recovery in production drives higher crushes and exports in the new season.

Over the past twenty years, the number of pig farms in France has steadily decreased, with farmers retiring or going out of business without being replaced.

These are the leading European exporters of pork products to third countries in 2023.