Swine news - Economy

European exports have increased by more than 20%. China continues to be the main destination and Spain the main exporter.

In 2019, agricultural and agro-industrial exports generated US$37.8 billion, an annual increase of 8.59 percent.

Taiwan is calling for a ban the entry of Italian pork, live animals, and pork products in light of increased ASF cases on the island of Sardinia.

The two countries approved model certificates for the export of Brazilian boar semen.

China sees its fourth consecutive month of growth in recovering its herds in the wake of ASF.

In order to diversify markets and help farmers obtain better prices for their products, The Ministry of Agriculture and Rural Development is working on opening new export destinations in countries in Europe, Africa, Asia, and the Americas.

Robust demand provides incentives for the continued growth of the U.S. livestock and hog sectors over the next ten years, according to USDA's Agricultural Projections to 2029.

Pig production in 2019 increased by 5.1%.

This Friday, February 14th, a container with 24,000 kg of pork will set sail from Puerto Caldera to Puerto Shenzhen, Guandong, making Costa Rica the first country in Central America to export this line of processed products to the main world market.

The Ministry of Commerce is responding quickly to ensure a sufficient pork supply during the coronavirus epidemic.

EU a step closer to region-to-region trade with Southeast Asia, eliminating tariffs on pork.

The FAO Meat Price Index averaged 182.5 points in January, down from December, marking a break from eleven months of continued increases.

U.S. pork exports posted new volume and value records in 2019, reaching nearly $7 billion, according to data released by USDA and compiled by USMEF.

China moves to ensure animal product supply amid coronavirus epidemic control. Fears of spreading the disease threaten the livestock industry.

According to AMIS' Market Monitor, geopolitical tensions including the US-China trade agreement along with the rapid spread of coronavirus may impact agriculture markets.