Page 289 of articles about markets-economics

The Argentine Sub-secretary of Agriculture made public the estimated corn harvest and commented that all the conditions have come together to ensure the next harvest reaches 26 million tons, a record figure keeping in mind the surface sowed and the average yield. This harvest will be 15.5% higher than that of the 2009/10 campaign, which came in at 22.5 million tons.

Canadian hog inventories as of October 1 stood at 11.9 million head, down 0.8% from the same date in 2009. There were 7,035 hog farms as of October 1, down 8.3% from the same date one year earlier.

Exports of meat and meat products (exclusive of live animals) are of less importance to the total Danish exports. In 2009 the percentage was 5.5. It is a very strong drop from 1988 where meat and meat products represented 9.8 %.

The Belgian delegation informed the ministers about the organisation of a reflection day on “The pig meat sector towards 2020”, which will take place on 3 December 2010 in the Flemish Parliament in Brussels.

Russia plans to resume exporting flour on January 1, 2011, but a larger ban on exporting wheat, barley, rye and corn has been extended through next June, the state-run RIA-Novosti news agency reported Monday.

In the 2nd quarter of 2010, 136 593 tonnes of meat were produced and 585 478 thousand litres of milk were purchased; i.e. a decrease in both meat production (by 3.4 %) and milk collection (by 2.4 %) y-o-y. The production declined in all of main kinds of meat: in beef, pig meat, and poultry (by 1.4 %, 4.6 %, and 2.3 %, respectively).

Production response to increasing demand for pork in Vietnam has led to the emergence of more complex pork value chains that involve new and different types of actors. Recent developments in agri-food restructuring also bring modern retail outlets to prominence.

Recovering from a 12% drop in 2009, pork trade grows by 2.8% (122 tmt) annually in the next decade, reaching 5.52 mmt in 2019. Pork production increases in the next decade at a rate of 1.9% (1.85 mmt), reaching 115.46 mmt in 2019.

Officials from the United States Department of Agriculture (USDA) informed the representatives of the Brazilian Ministry of Agriculture, Livestock, and Food Supply (MAPA) of the approval of the entrance of fresh pork produced in Santa Catarina into the country, beginning November 30, 2010.

Grain export quotas can be canceled once Ukraine has stocked adequate quantities of food and feed grain at the Agrarian Fund, the State Reserve and regional reserves, said Ukraine's Prime Minister Mykola Azarov.

"During the first five months of 2010, the value of exports was more than 8% higher than a year earlier at almost €3bn. The rate of recovery has accelerated as the year has progressed with exports in May some 23% ahead of the same month in 2009. Generally, the export prospects for the major product categories for the remainder of 2010 are more positive as better market prices, an improved exchange rate and a more stable economic picture across key markets underpin trade”, according to Bord Bia Chief Executive, Aidan Cotter.

In 2011, production of pork is expected to grow, but at a somewhat lower rate than the year before.

We have come a long way, since October 15 last year in order to place milk and meat products from farms directly on the market, said Minister of Agriculture and Food Dr. Miroslav Naydenov.