Swine news - Economy

China is making progress in resuming hog production, according to the Ministry of Agriculture and Rural Affairs.

Ample global stocks, sizeable 2019/2020 harvest in the EU, and good prospects in the Americas for the next crop should allow a satisfactory supply of the market in the coming months.

The company shutters two facilities affecting 5,000 workers in Iowa and Indiana to keep team members safe during the COVID-19 pandemic.

Despite high prices, pigmeat production growth will be limited by environmental restrictions and remaining ASF risk. Due to Covid-19, live animal transport could be restricted.

Pork is the main Spanish agricultural product exported to China, whose sales amounted to 1.26 billion dollars, representing 55% of the total agricultural exports from Spain to China.

Joint Statement of the EU-27 Ministers for Agriculture regarding the response needed at European level, under the Common Agricultural Policy, to the COVID-19 crisis

With a total of 57 authorized companies, Spain is the world's leading exporter of pork and pork products to China.

The Ministry reminds stakeholders of the importance of remaining vigilant and implementing adequate biosecurity measures on farms.

The plant is one of the largest pork processing facilities in the U.S.

According to the National Union of Pig Breeders, the industry showed significant growth in the first quarter of 2020, continuing the positive trend of 2019.

This temporary closure will affect nearly 1,000 employees.