Page 250 of articles about markets-economics

The average amount of pork exported by Germany during the first four months of this year has decreased compared with the same period last year.

Wholesale pork prices are at their highest since 1997. Pork bellies and ham stockpiles are also up from 2010. Pork belly stockpiles are up 28% from 2010 numbers.

The EU-South Korea Free Trade Agreement (FTA), the EU's first trade deal with an Asian country, will apply as of 1 July 2011. It is unprecedented in terms of the scope and speed of tariff liberalisation and breaks new ground in tackling significant non-tariff barriers across all sectors.

The Chinese market is finally opening to British pork after years of negotiations. Half a dozen UK plants have been approved following inspections and export health certificates have been agreed.

On June 29 the South African Minister of Agriculture announced the opening of their markets to the importation of pork from Brazil, which had been suspended after the detection of Foot and Mouth Disease in Brazil in 2005.

The latest data from the Single Market Management Committee of the European Commission shows a 28,5% increase in the exportation of pork between the months of January and April of 2011, reaching 974.302 tons.

The Internal Trade Department expects pork prices to drop soon after it suspends swine exports across the borders to neighbouring countries next week.

In the first quarter of 2011 exports of fresh and frozen pork totalled 34,000 tonnes, up seven per cent year on year. This was helped by a narrowing of the price difference between UK prices and those on the continent.

An Eurostat overview shows that there were just over 48 million people employed within the EU27’s food chain in 2008, equivalent to more than a fifth of total employment.

Agriculture ministers from the G20 group of nations have agreed a series of measures they hope will reduce food price volatility and boost supplies. In a communique following a two day meeting in Paris ministers said they would adopt a new collective rapid response system to help calm any spikes in prices.

G20 Agriculture Ministers are meeting in Paris today to discuss measures to address the problem of high food prices and market volatility.

3 yrs ago, rising pork prices helped push inflation to a record high. Now, many Chinese are fearful that they are experiencing deja vu, as the price of pork rises, and threatens to exacerbate inflation concerns that have affected the World's 2ndlargest economy.

The OECD-FAO Agricultural Outlook 2011-2020 says that a good harvest in the coming months should push commodity prices down from the extreme levels seen earlier this year. However, the Outlook states that over the coming decade real prices for cereals could average as much as 20 percent higher and those for meats as much as 30 percent higher, compared to 2001-10. These projections are well below the peak price levels experienced in 2007-08 and again this year.

The agroforestry sector grew by 15,8% alter falling by 0,4%in the fourth trimester of 2010. As far as subsectors are concerned, the GDP contributions are, on average, 20% agriculture (crops); 40%, fruit growing; 40% livestock and 20% forestry.