Page 267 of articles about markets-economics

Canada’s Economic Action Plan is delivering real results for hog farmers and meat processors in Saskatchewan. Member of Parliament Ray Boughen (Palliser) announced an investment of more than $1.7 million to Donald’s Fine Foods for the refurbishing of its facility in Moose Jaw.

According to the recommendations of the OIE Terrestrial Animal Health Code the Rosselkhoznadzor is imposing temporary restrictions on the import of live pigs and pork from the Vojvodina region, Serbia from December 2, 2010.

The European Commission has recently authorised a Slovenian scheme with a budget of approximately € 3.8 million which aims at supporting farmers in Slovenia who encounter difficulties as a result of the current economic crisis.

The Ministry of Agriculture’s branch target program “Livestock Primary Processing Development for 2010 – 2012” is a comprehensive program focused on the development of livestock primary processing. The program’s goals entail achieving import substitution, development of infrastructure and logistical support, and extended product storage life.

Grain exports from Ukraine is still blocked, because the Ministry of Economy does not provide the corresponding licenses to grain trading companies, declared Leonid Kozachenko, the President of Ukrainian Agrarian Confederation, on December 2.

Today’s announcement by President Obama that negotiators for the United States and South Korea have reached consensus on their free trade agreement (FTA) is very welcome news for U.S. red meat producers, processors and exporters. The U.S. red meat industry will reap significant benefits under the FTA from the gradual elimination of duties on pork and beef exports to Korea.

The representatives of the European farmers organisations, the meat industry and the feed industry highlighted the case for a comprehensive action plan seeking to move the EU pig sector out of the present crisis situation. They also insisted on the need to take a long-term approach to reinforce the long-term viability of the pig sector enhancing its capacity to supply sustainable, competitive pork to consumers in the EU and on world markets.

As German processors switch to a different payment system, based on AutoFom, they will be seeking heavier pigs, which means they may not be so interested in lighter finishers from Denmark in future.

These statistics present the latest estimates of aggregate accounts for agriculture for 2009 and update those published on 28 January 2010.

Agriculture Secretary Tom Vilsack said this morning that agriculture is “leading this country’s recovery” with all three key measures of farm earnings showing a “rapid rebound.” He also praised a USDA forecast that U.S. exports are on course to set a record of $126.5 billion in fiscal 2011.

The Department of Agriculture may propose raising the tariff rate on imported pork offals, an official said.