Page 224 of articles about markets-economics

Lower prices for cereals, meat and especially sugar more than offset an increase in milk and palm oil prices.

Exports of fresh pork (EU + third countries) were remarkable, reaching 1.34 million tonnes, and raising over €2,800 M.

Growing strength in the cattle and hog industry, strong crop sales, and relatively stable input costs produced a record farm income in 2014 and will continue to sustain the agricultural economy in 2015.

With the reopening of the South African market, Brazil expects to export pork amounting to USD7 million per year.

Livestock production accounts for 54 percent of the value of the primary sector and generates 350,000 direct jobs and more than one million indirect jobs.

The agricultural, fishing, food and forestry exports reached a value of €40,830 million, 3% higher than in 2013.

Denmark’s two cooperative slaughterhouse companies have agreed to combine their activities in a joint company.

The number of pigs slaughtered in 2014 grew by 0.2% (112,600 heads), reaching 58.7 million animals.

A Commission move to introduce Private Storage Aid for pigmeat in order to ease pressure on  the EU pigmeat market has been voted on by Member States in the [Management] Committee.

The Minister of Agriculture and the pig sector have met to look for solutions before the situation faced by the sector.

The International Longshore and Warehouse Union (ILWU) and the Pacific Maritime Association (PMA) reached a tentative contract last Friday.

European Agriculture Commissioner, Phil Hogan, will propose the opening of a measure of private storage for pork products.

With a production of 5.5 million tonnes, corresponding to 25% of the EU total, Germany was in 2013 the main producer of pig meat in the EU, followed by Spain (3.4 mn t or 16%).

The unfulfilment of the payment deadlines is considered a serious offence in the Law on measures for improving the functioning of the food chain, and the fines may reach €100,000.

Export value for both U.S. beef and pork reached new heights in 2014, posting double-digit gains over the previous year’s totals.