Swine news - Economy

The International Trade Committee has approved a 50% increase in tariffs on certain Russian and Belarusian agricultural goods to further reduce EU dependency.

In the first four months of this year, Santa Catarina saw the highest meat exports in the last 28 years.

EU pork exports stabilized in 2024 at 4.21 Mt, far from the 2020 record, marked by China's recovery and destination changes.

The severe shortage in swine production, combined with strong consumer demand, has made it increasingly difficult to keep pork prices down.

In its most recent global trade report, the United States Department of Agriculture (USDA) projects that Brazilian pork exports will grow by 5% in 2025. The increase will be driven by both the expansion of domestic production and strong international demand.

The U.S. will temporarily reduce tariffs on Chinese imports, with China agreeing to reduce retaliatory duties.

Pork imports continue to set records, while exports recorded a nearly 20% drop in volume.

Chile has authorized the import of pork from Paraná after recognizing the state as a zone free of foot and mouth disease without vaccination.

European Parliament stands firm against single fund proposal and calls for increased CAP budget.

Exports of U.S. pork trended higher year-over-year in March, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). Latin American markets again fueled pork export growth.

The growth rate of pork production was higher than that of beef but lower than poultry.

Eswatini opened the Mpisi Pig Breeding Center on April 11, 2025, as part of a TaiwanICDF project to boost swine production.

International meat quotations rose across all categories, with pig meat prices registering the most significant increase.

The monthly increase reflected higher prices across all major cereals.

The Federal Government has announced plans to fully upgrade the Benue Swine and Crop Improvement Project located in Yadev, Gboko Local Government Area.

The soybean harvest is progressing with surprising yields in the core region: the first crop averages 4.1 tons/ha and the second crop 3.3 t/ha. Good weather allowed 1.2 M ha to be harvested, although threshing is still behind the historical average.

A temporary ban on importing processed pork products from South Korea has been lifted following a comprehensive risk assessment of South Korea against ASF.

Production of wheat, corn, barley, and oats is forecast to increase year-over-year in marketing year 2025/26.

European Commission pledges extraordinary market support measure.

The Philippines is the world’s sixth-largest importer, surpassing key destinations such as the United States, Canada, and Japan.

Flanders had slightly more than four million finishing pigs places in 2024 – a decrease of 270,000 compared to last year.

After the implementation of the new exchange rate bands and the narrowing of the gap, soybeans are gaining momentum in the markets, while cereals still show caution.

In January-March 2025, Russia doubled its pork supplies abroad in value and by 72% in volume compared to the same period in 2024.

Copa-Cogeca warns that merging CAP funds would jeopardize production, food security, and the future of rural areas in the EU.