Page 26 of articles about market prices

Tierwohl Initiative is an initiative that implies farms, abattoirs and supermarkets, and whose aim is to offer a better end product quality through the improvement of the animals’ welfare.

In the first semester of 2017, pig production fell by 4.7% with respect to the same period in 2016.

Global food commodity prices rose in June, led by wheat and meat prices.

The FAO Meat Price Index averaged 171.7 points in May, up 2.5 points (1.5 percent) from April.

How much of what consumers pay for food ends up in farmer's pockets? From farm to fork, food prices develop along the food supply chain, involving farmers, the food processing industry and retailers.

Total pig numbers have seen an increase of 2.7% from 4.7 million to 4.9 million.

Minister of Agriculture and Rural Development Nguyễn Xuân Cường called on large animal husbandry businesses to increase their purchase of pigs and keep them in frozen storage in order to help farmers reduce inventories and stop the resulting downward price spiral.

Meat importers will be allowed to bring in 7-million kilos of pork to stabilize the price in the market.

The FAO Meat Price Index rose 1.7 percent, as pigmeat prices increased in response to strong domestic demand in the European Union and increased sales to China.

The global pork market is relatively stable, with rising supply from the Americas easily absorbed in the main import markets in Asia, resulting in a steady development of the Rabobank Five-Nation Hog Price Index. Continuing strong Asian imports are supporting pork prices across the globe, with the supply volume in each region determining the actual level. This is according to the Rabobank Global Pork Quarterly Q2.

Supply of pork is tight due to the continuing decline in the number of backyard farmers over the past few years. This has resulted in the significantly higher suggested retail price of the commodity in the local market.

Global food prices monitored by FAO fell in March, with the exception of meat prices.