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News and economic comments on the market situation of pork and raw materials. Prices of pig and raw materials. Census, pork production and trade data

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Swine news - Economy

European Union to join agreement enhancing protection of geographical indications

Following a positive vote in the European Parliament plenary session, the Council expressed its support today to allow the European Union to join the Geneva Act of the Lisbon Agreement, a multilateral treaty for the protection of geographical indications managed by the World Intellectual Property Organisation (WIPO).

EU exports of pig meat should reach higher levels

The surge of pigmeat demand from China due to the spread of African Swine Fever will push EU exports (+20%) and prices up in 2019. Production will nevertheless remain stable in 2019 constrained by a reduced breeding herd and environmental restrictions. Production growth should pick up in 2020 (+1.5%) as Chinese demand continues.

FAO meat price index

New increase in the FAO Meat Price Index

The FAO Meat Price Index averaged 181.5 points in September, up 0.8 percent (1.4 points) from August, continuing the moderate month-on-month price increases observed since February 2019.

U.S. to impose tariffs on EU pork

The US is set to impose tariffs of 25% on EU exports including pork.

Argentina increases pork exports

Between January and June, the Argentinian pork exports increased by 52% in terms of volume.

Janusz Wojciechowski, the Polish candidate for the agrilculture portfolio.

EU: Agriculture Committee questioned candidate for the agriculture portfolio

The Agriculture and Rural Development Committee questioned the Polish candidate for the agriculture portfolio Janusz Wojciechowski on EU farm policy reform and trade negotiations.

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Pig prices

USA - Iowa/Minnesota

USA - Iowa/Minnesota

24 Apr

0.060

Germany

23 Apr

0.050

China

16 Apr

0.100

Spain

24 Apr

0.000

Brazil - Santa Catarina

Brazil - Santa Catarina

24 Apr

0.120

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USA: The highest September 1 inventory

United States inventory of all hogs and pigs on September 1, 2019 was 77.7 million head, the highest September 1 inventory of all hogs and pigs since the estimates began in 1988.

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ASF China: pig production becomes stable and the increase in prices slows down

According to the information published by the Ministry of Agriculture of China, the politics and measures to support pig production in China have entailed indications of improvement both in production and prices.

China releases pork from its reserves again

The Chinese authorities announced last Thursday their intention of releasing more pork from the reserves to ensure the supply during the forthcoming National Day holidays.

Evolution of pork production in the main EU producing countries.

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Drop in pork production in the EU

Between January and June 2019, pork production in the EU has dropped by 1.3% in terms of volume in comparison with January-June 2018.

Pork leads the Brazilian agricultural and livestock growth forecasts

According to the forecasts of the Ministry of Agriculture of Brazil, the agriculture and livestock products with a greater dynamism in the next decade will be pork, soybean, cotton, cellulose, maize, chicken, milk and sugar.

China authorises new Brazilian plants to export meat

With the new authorisation, Brazil has 11 pork plants authorised to export to China.

Pig production data

Figures & trends in pig numbers, pork production and pork trade.

EU: increase in pork export values

A 12.6% increase compared to last year, EU agri-food exports reached €13.07 billion for July 2019, another monthly record.

Global food consumption growth and changes in consumer preferences

Income growth and changes in consumer preferences have resulted in a consumption increase of products of higher value (such as meat and dairy products) in emerging economies.

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China to invest in live pig industry

The investment will focus on upgrading and rebuilding the pig farms.

China: fiscal measures to increase hog production

China has decided to strengthen its fiscal policies in a move to facilitate hog production and guarantee stable pork supply, according to the Ministry of Finance (MOF).

The Minister of Agriculture of Denmark opens a pork plant in China

The Minister of Food of Denmark, Mr Mogens Jensen, opened the new Danish Crown plant in China last week.

USDA modernizes swine slaughter inspection for the first time in over 50 years

For the first time in more than five decades, the USDA’s Food Safety and Inspection Service (FSIS) is modernizing inspection at market hog slaughter establishments with a goal of protecting public health while allowing for food safety innovations.

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Spain becomes the first pork exporter to China

Between January and July, pork and pig offal exports from Spain to China reached USD561.4 million. With these figures, Spain is now the first pork and pig offal supplier to China, overtaking Germany.

Drop in pig slaughterings in Portugal

There was a drop by 0.7% in the number of heads slaughtered in the first semester of 2019, with a slaughter weight similar to that in 2018.

Mexico/EEUU: joint inspection pilot program for speeding the agriculture and livestock sector exports

The program involves that the shippings having a USA safety certification from the Customs Trade Partnership Against Terrorism (C-TPAT) cross the Mexican border without inspection.

The FAO pig price in August up

In August, price quotations for pigmeat strengthened further, underpinned by a strong import demand from Asia.

China: Pork and soya to be excluded from additional tariffs

China will exempt american soybeans, pork and other agricultural products from additional tariffs.

Janusz Wojciechowski proposed as new Commissioner of Agriculture

President-elect Ursula von der Leyen presented her team and the new structure of the next European Commission.

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