Page 271 of articles about markets-economics

China - Premier Wen Jiabao pushes to contain pork prices

Premier Wen Jiabao told government departments to take immediate measures to support pork production and increase supplies to prevent a surge in the price of the meat, a key factor pushing up China's inflation rate.

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Philippines lifts ban on FMD susceptible animals from Japan

The Philippine Department of Agriculture has issued an order lifting its temporary ban on imports of animals susceptible to foot-and-mouth disease (FMD) from Japan.

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South Korea to impose lowered tariffs on more pork imports

South Korea will expand the amount of imported pork subject to lower tariffs as part of efforts to stabilize food prices and ease inflationary pressure, the nation's top economic policymaker said Thursday.

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Mexico to cut duties on U.S. after trucking deal

Mexico will cut in half retaliatory duties on more than $2 billion of U.S. farm and industrial goods this week after signing a deal with Washington on Wednesday to allow Mexican truckers onto American roads.

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European Union - EU grain harvest estimates today revealing a 1% production drop

Copa-Cogeca released new EU grain harvest estimates revealing a 1% production drop in this years EU cereals harvest.

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Ukraine, Russia, Kazakhstan to ensure over a third of world wheat exports over next decade

Total wheat exports from Ukraine, Russia and Kazakhstan over the next decade will be approximately 33% of the world wheat exports, nearly two times more than projected wheat exports from the current leader - the United States (17.7%).

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Germany - Top 5 slaughter companies make almost 90 percent of all sow slaughters

A market share of almost 90 percent of all slaughters is being carried out by no more than just the Top 5 sow slaughterers. Here you can see that the sows-for-slaughter market is by far more concentrated than is the pigs-for-slaughter market.

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Mexico - China will carry out new inspections with the objective of importing pork

Senasica announced that the Chinese health authorities will carry out inspections at 8 TIF establishments in the states of Nuevo León, Chihuahua and Yucatán, from June 19 until July 2.

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European Union - European exporters to benefit from Free Trade Agreement between EU and South Korea from 1 July

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.

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USA - Pig meat stockpiles grow as prices rise

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.

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Germany – Downward trend in pork exportations

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.

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ACMC: Third World pig prices higher than UK?s

Poor ‘Third World’ countries are prepared to pay more for their pork than British retailers. In Cambodia – where Yorkshire-based pig-breeding company, ACMC Ltd, is doing business – the farm-gate price paid for pigs is currently equivalent to £2.47 per kg deadweight. This compares with the UK price of just £1.51 per kg.

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Brazil will resume exporting pork to South Africa

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.

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United Kingdom - China opens to British pork

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.

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European Union – Increase in the exportation of pork

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.

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United Kingdom – Increase in first quarter of 2011 pork exports

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.