EU agri-food trade surplus increases in September 2023
These are the main findings of the latest monthly agri-food trade report published by the European Commission.
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These are the main findings of the latest monthly agri-food trade report published by the European Commission.
While for the year as a whole, the FAO Cereal Price Index was down 15% from the 2022 record annual average, international rice prices were up 21% annually.
The proposed extension of reduced tariffs will help ensure an adequate supply of agricultural commodities and maintain stable and affordable prices.
In the third quarter of 2023 alone, Vietnam exported 5.78 thousand tons of meat and meat products, worth 28.37 million USD and imported 195.09 thousand tons of meat and meat products, worth 397.16 million USD.
The FAO’s Statistical Yearbook offers insights into global trends in meat production.
Export values decreased for pigmeat as exported volumes declined by 18%.
African swine fever (ASF) spread from Europe to China in 2018—one of the largest animal disease incidents ever. The outbreak reduced China’s pork supply, and Chinese pork prices more than doubled to reach record levels.
Philippines pork imports are down this year.
Oilseed crushing in China was a record in the 2022/23 marketing year at 133 Mt. Added to this is a large recovery in oil imports of up to 12.69 Mt and continued growth in meal demand.
UK pork production continues to be impacted by the market conditions of the past two years as domestic supplies remain tight.
According to USDA projections, the world's leading swine-producing countries will maintain their positions and relevance in terms of production, international trade, and consumption, in spite of the difficult economic situation they are going through, which has led to a decrease in their key figures.
Guillem Burset gives us the keys to understanding the current European pork trade situation. He also forecasts when the price will stop falling.
Projections for key variables in 2024 from estimates for the region's leading countries, as outlined in the latest "Livestock and Poultry: World Markets and Trade" report published by the USDA on October 12.
While total year-to-date imports are higher than the same period in 2022, they have been trending downward since January.
Swine and pork production in 2024 is forecast to decline to due to lower sow inventories in 2023.
African swine fever genotype 2 was confirmed in a positive herd in Dorgali. The region reacts to counter the "imported" virus.