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Page 279 of articles about markets-economics

FAO cuts wheat production forecast but considers supplies adequate

International wheat prices have jumped by over 50 percent since June. This rapid increase in prices is prompting concerns about a repeat of the crisis of 2007/08. But after two consecutive years of record crops, world inventories have been replenished sufficiently to cover the current anticipated production shortfall.

Cargill Limited to Realign Case Ready Operations in Ontario

Cargill Limited announced it will be closing its Toronto, Ontario Case Ready facility in the spring of 2011.

John Eggert new technical director for TOPIGS USA

TOPIGS is pleased to announce the appointment of Dr John Eggert as Technical Director of TOPIGS USA effective from 16 August 2010. He will be responsible for the technical aspects of the further product and business development of TOPIGS activities in the United States.

Pierre Foods to Merge with Advance Food Company and Advance Brands

Advance Pierre Foods To Be A Leading Protein and Sandwich Supplier to Foodservice, School and Retail Channels

Mexico Adds Tariffs to U.S. Pork Imports

Mexico added pork to the list of U.S. products against which it is retaliating for the failure of the United States to live up to its obligations under the NAFTA to let Mexican trucks haul goods into the United States.

Ukraine - Forthcoming inspection to be carried out at plants producing animal products

According to the agreements previously achieved with the Veterinary Service of Ukraine, the Rosselkhoznadzor is going to carry out a joint inspection of Ukrainian plants producing products of animal origin.

US - Senate approves Mandatory Price Reporting Act

The Senate approved, on August 5, legislation to reauthorize for five years the law requiring meat packers to report to the U.S. Department of Agriculture the prices they pay producers for animals.

Japan - Miyazaki declares an end to foot-and-mouth epidemic

Miyazaki Gov. Hideo Higashikokubaru declared Friday an end to the foot-and-mouth epidemic that has severely hit livestock in the prefecture.

Poulson to retire as Executive Vice President of Smithfield Foods

Smithfield Foods, Inc. today announced that Richard J. M. Poulson, executive vice president, will retire from Smithfield effective September 1, 2010.

European Union - Stabilisation of the grain market by the flexible use of grain for bioethanol

This report reviews whether the grain market and grain price can be stabilised by the variation of the use of grain in the EU-27's production of bioethanol.

USA - House Agriculture Committee Approves Bills to Improve Chesapeake Bay, Encourage Veterinary Service, and Reauthorize Mandatory Price

Today, the House Agriculture Committee approved three bills for consideration by the U.S. House of Representatives.

Denmark - Increasing exports to Australia

Exports of pork are expected to increase by 20 % over the next year.

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Botswana - Piggery can diversify Botswana agric sector

With the local and global demand for pork increasing, Botswana can have a stake in its production, according to a study released this week.

Canada - Farm cash income up in 2009

Cash income for Canadian farm businesses rose 2.8%, or nearly $300 million, to $11.0 billion from 2008 to 2009 despite declines in four provinces. This was the third consecutive annual increase in cash income as crop revenues remained strong and expenses fell for the first time since 1986.

Sanofi-aventis and Merck appoint Raul Kohan as CEO for the new Animal Health joint venture

Sanofi-aventis and Merck & Co., Inc. announced today that Raul E. Kohan will be appointed Chief Executive Officer of their proposed Animal Health joint venture. Sanofi-aventis and Merck - known as MSD outside the United States and Canada - intend to combine Merial with Intervet/Schering-Plough, to create a new global leader in Animal Health to be called Merial-Intervet.

Russian gov’t adopts essential food list to have price limits

Russia’s government adopted a list of essential food goods to have retail price limits. The text of the document was published in the Rossiyskaya daily on Monday.