Page 266 of articles about markets-economics

The government plans to use the duty income charged on imported soybean meal to lower the production cost of chicken, pork and eggs so it can cut the retail prices on these items for consumers.The strategy is part of a broader policy to cut the price of some foods and liquefied petroleum gas (LPG) to reduce the cost of living.

China has put on the market state pork reserves to stabilize prices and ensure adequate supplies during the upcoming New Year Festival, an unnamed official with the Ministry of Commerce said Friday.

Manitoba livestock producers facing feed shortages this winter following an extremely wet 2010 growing season will receive feed and transportation assistance from the Governments of Canada and Manitoba. The investment was announced today by the federal Agriculture Minister Gerry Ritz and Manitoba Agriculture, Food and Rural Initiatives Minister Stan Struthers.

Sunday evening, the Senate approved the bill by unanimous consent, sending it to the House, where passage is expected. President Obama has said he would sign the legislation, which would give the government far-reaching authority to set and enforce safety standards for farmers and food processors.

EU27 real agricultural income per worker1 has increased by 12.3% in 2010, following a decrease of 10.7% in 2009, according to first estimates2 issued by Eurostat, the statistical office of the European Union. This increase results from a rise in real agricultural income (+9.9%), together with a fall in agricultural labour input (-2.2%). These estimates for the EU27 are based on data supplied by the national authorities in the Member States.

The USDA's Branded Products Promotion Program has had success in helping small companies gain entry and establish branded products in international markets. The U.S. Meat Export Federation administers the red meat portion of the program.

Analyst from Robo Bank believed that China will become the largest corn importer within 5 years, representing an import amount of 25 million tons, while the number this year was only 1.3 million tons.

An independent advisory group on reducing the risk and cost of animal disease and improving the welfare of kept animals today published its recommendations to Ministers.

The U.S. Department of Agriculture has announced that it will conduct a cost-benefit analysis of the rule on livestock and poultry production and marketing proposed by the Grain Inspection, Packers and Stockyards Administration.

Grain futures in Chicago fell after the government unexpectedly raised its estimate for 2011 U.S. corn supplies amid higher imports and record production in Canada.

According to the German Farmers Association, the German meat industry with its 84.300 employees has increased its revenue by 2% to € 33.5 bn in 2009 of which € 7.3 bn or 22 % were achieved through exports.

The Rosselkhoznadzor imposed temporary restrictions on import of live pigs, boar semen, pork and raw porcine meat products as well as non-heat-treated porcine products from the department of Pyrénées-Atlantiques from December 7, 2010 due to occurrence of Aujeszky’s disease in this department.