Germany – Increase in exterior commerce
In accordance with preliminary figures from the German Federal Statistics Office, the volume of pork exportations was 2,52 million tons, which represents an increase of 4% compared with the year before.
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Chile Sixth place as pork exporting country
According to estimations by the USDA, Chile was the sixth largest producer of pork throughout 2010. In this same period, 357 million dollars worth of pork was exported, the main destinations being Japan (41%); South Korea (28%); EU (9%) and America (13%). Currently, Chilean pork is exported to 39 different commercial destinations.
DuPont successfully completes tender offer for Danisco
DuPont, through its wholly owned subsidiary DuPont Denmark Holding ApS, announced yesterday that it has successfully completed its tender offer for all outstanding shares of common stock of Danisco for DKK 700 cash per share. The tender offer expired on May 13, 2011, at 11 p.m. CEST (5 p.m. EDT).
China/Netherlands sign memo on quarantine to boost trade
Starting in May, China can check sanitary certificate information on dairy products and pork imports from the Netherlands through the Internet; meanwhile, Dutch importers can verify electronic certificates on the inspection and quarantine of Chinese food and agricultural products, according to the Sino-Dutch memo.
Korea – Spectacular increase in importation of fresh and frozen pork
Throughout the first trimester of 2011, importation of fresh and frozen pork has increased by 39,9% with respect to the same period last year, going from 73.063 tons between January and March of 2010 to 102.205 tons in the first trimester of this year.
Nicaragua declared free of classical swine fever
Nicaragua was declared free of classical swine fever, which predicts a promising future for the development of the pig in the country, currently affected by limitations in its exports because of the viral disease, authorities reported.
European Union - Conclusions of the Enlarged Advisory Group on Pig Meat
This document reflects the views of representatives of CELCAA (UECBV), CIAA (CLITRAVI and FEFAC) and Copa-Cogeca in the context of the Enlarged Pigmeat Advisory Group. The ECVC and EEB agreed on some statements but could not endorse the entire document. The Member State’s representatives took note of the proposals presented in the document.
China - Supply shortage drives pork prices higher, fueling inflation
The recent scandal of pigs being fed with banned lean-meat producing drugs has worsened the supply shortage and pushed pig and pork prices higher, which may threaten the government's efforts to rein in inflation, experts said.
Maple Leaf Foods Completes $800 Million Debt Refinancing
Maple Leaf Foods announced today that it has entered into a new four year Cdn$800 million revolving credit facility with a syndicate of Canadian, U.S. and international institutions.
Cherkizovo Group acquires Mosselprom to complete the largest transaction in Russia's agroindustrial sector
As part of the transaction to acquire Mosselprom, Cherkizovo Group has paid $42.1 mln in cash from the Group’s own funds. Given these funds have already been disbursed, the Group has amended the text of its announcement under ‘Terms of Transaction’. The original text stated “the remaining $42.1 mln will be paid in cash”, while the amended text states “the remaining $42.1 mln has been paid in cash” – this is the only revision to the announcement.
United Kingdom – Increase in imports of fresh and frozen pork
In the first two months of 2011 imports of fresh and frozen pork into the UK totalled 56,000
tonnes, representing an increase of four per cent on year earlier figures. The majority of product
came from Denmark which recorded a 40 per cent increase in shipments. Imports from the
Netherlands recorded an 11 per cent decline.
Japan to cull livestock in no-go zone near Fukushima plant: Edano
Japan will cull livestock and poultry in the no-entry zone within a 20-kilometer radius of the crisis-hit Fukushima Daiichi nuclear power plant due to difficulty in feeding them, Chief Cabinet Secretary Yukio Edano said Thursday.
VION Food Group takes over food grade fat producer LARU
On May 10 2011, VION has acquired the German company LARU (Langensiepen und Ruckebier), based in Bottrop.
U.S. Red Meat Exports Accelerate Pace – Reach New Per-Head Value Levels
Exports of U.S. beef and pork continued on a record-setting pace in March, with beef posting a 65 percent gain in value versus year-ago levels and pork showing an impressive 40 percent increase, according to statistics compiled by the U.S. Meat Export Federation (USMEF).
UK pig producer price in contrast to the EU average price
The UK producer price in the first three months of 2011 decreased which was in contrast to the EU average price which increased considerably following the dioxin crisis in January. Higher throughputs at abattoirs may have restricted price movements in the UK and the higher EU price resulted in an erosion of the premium the UK obtained over the EU average.
Rusia sets aside 7.500 million euros for Agriculture
On April 20th, the Russian Prime Minister, Vladimir Putin, presented the plans and initiatives of the 2011 Executive Council on economic, social, and agricultural materials. In the 2011 federal budget, the Russian Government is planning on setting aside more than 150.000 Rubles (3.750 million Euros) for aiding agriculture.