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Page 279 of articles about markets-economics

China - Rising pork prices prompt fear of inflation

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.

USA - House passes $125.5 billion agriculture spending bill

The House voted Thursday to approve a $125.5 billion agriculture spending bill that includes controversial provisions to halt millions of dollars of payments to Brazil and bar the U.S. government from investing in new ethanol blender pumps.

South Korea to double tax-free pork importations

The Korean Minister of finance announced last week that South Korea foresees doubling the quantity of pork imported tax-free this year, going from 130.000 to 260.000 tons.

Cargill opens new animal feed facility in Efremov, Russia

Cargill has opened a new animal feed facility in Efremov, Russia. The facility has the capacity to produce 50,000 tonnes of swine and poultry feed products and will operate under the LNB® brand in Russia. The new operation forms part of Cargill’s industrial complex in Efremov, some 330 km south of Moscow.

United Kingdom - Free carcase checks from next month

For the first time, all English pig-keepers will be able to join the British Pig Health Scheme — now renamed the BPEX Pig Health Scheme — for free. Previously there has been an annual charge for the abattoir carcase-vetting regime.

United Kingdom - NPA warns of straw shortages

Arable farmers are being urged to bale all available straw this year, as the National Pig Association (NPA) warned of serious straw shortages for pig farmers. Pig-keepers are already paying record prices for straw and there are worries that there will not be enough to go round.

C.P. Pokphand Acquires Integrated Livestock and Aquaculture Market Leader in Vietnam for HK$4.73 billion

As one of the largest corporate acquisitions in Vietnam, the deal represents a unique opportunity for CPP to acquire a controlling stake in a market leader and expand into one of the fastest growing feed and farming markets in Southeast Asia.

Mexico - Increase in pork exportations to Japan

From July 2010 to March 2011, Mexico exported 29.818 tons of pork to Japan, 2.080 more then in the previous period (7.737 tons between July 2009 and March 2010).

European Union pork industry on threshold of changes

As global demand for pork rises, EU hog prices are failing to keep pace with the US, Canada and Brazil. A new Rabobank Industry Note examines two main questions: are EU price declines structural and, if so, how will this impact the EU pork industry in the coming years?

Sweden close to pig ear export deal with China

The Swedish government has confirmed that it is close to signing an agreement for the export of pig ears to China, where the anatomical organ is a sought-after delicacy.

European Union - Removal of pork from private storage

The EU Commission informs of the quantities of pork removed each month from the stocks under the private storage scheme.

Brazil – Decrease in exportation of pork

Between the months of January and May Brazil exported 214.101 tons of pork and invoices a total of 583,13 million dollars. These values represent a decrease of 3,88% in volume and a 7,20% increase in income.

PorkPress releases

USMEF: April pork, beef exports lower than March, but remain strong

U.S. pork and beef exports slowed slightly in April when compared to the all-time record highs of the previous month, but still performed well above last year’s pace. April pork exports reached 181,109 metric tons valued at $487.8 million – up 16 percent in volume and 22 percent in value over last year.

Zhongpin Inc. to Build New Pork Plant in Tangshan, Hebei Province

Zhongpin Inc., a leading meat and food processing company in the People's Republic of China, today announced that Zhongpin will further expand into north China by building a new production facility in Tangshan city, Hebei province, east of Beijing.

Thailand - Pork price reduced by 5 baht/kg

The Ministry of Commerce has announced to decrease the recommended retail pork price by 5 baht per kilogram, starting today onwards.

America to lift trade sanctions on range of European goods

Trade sanctions imposed by the US on a range of European goods are to be lifted as part of the settlement to a beef dispute that has raged for more than 15 years.