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Page 291 of articles about markets-economics

USA - US plantings and stocks report: unexpected movements in stock levels

With tight stocks and strong demand for both maize and soyabeans, the US spring planting has been deemed “the fight for acres” as both prices have needed to be attractive for both crops to receive planted areas to replenish stock levels in the 2011/12 season. However, prices have been much more supportive of the maize market over recent weeks and today’s report suggests that US farmers are to plant more maize for harvest 2011 much at the expense of soyabeans.

Mexico - Pork production forecasts are virtually unchanged

Pork production forecast is virtually unchanged despite a downward revision in the slaughter forecast. Production continues to be hindered by higher than expected prices generated a downward revision (1.3 percent) in consumption. Similarly robust prices are also expected to depress imports which are revised lower to the 2010 level.

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Philippines: Swine industry situation and outlook

Despite the increases in the pork supply, deficit scenarios are expected in the 1st and 2nd quarters of 2011.

Industry News - China accepting live hog imports from U.S

According to USDA’s Animal and Plant Health Inspection Service (APHIS), China is once again accepting live hogs exported from the United States. China had suspended those imports two years ago, when H1N1 influenza virus was sickening people, along with pork products.

Cherkizovo Group reaches agreement to acquire Mosselprom

OJSC Cherkizovo Group one of Russia's leading integrated and diversified meat producers announces that it has reached an agreement to acquire 100% of Mosselprom. The proposed transaction is fully in line with Cherkizovo’s development strategy.

Italy - Increase in Parma ham exportations

2010 was a record year for exportation of the PDO product, "Prosciutto di Parma". With an increase of 9,5%, 2.256.000 hams were exported to over 80 different countries. Foreign markets currently represent 24% of Parma ham production.

FAO - Global wheat production to increase in 2011

FAO's first forecast for world wheat production in 2011 stands at 676 million tonnes, representing a growth of 3.4 percent from 2010, the March 2011 edition of the Crop Prospects and Food Situation report. This level would still be below the bumper harvests in 2008 and 2009.

Germany – Larger concentration of slaughterhouses

The tendency towards a higher concentration of slaughterhouses in Germany has continued throughout 2010. The 10 largest German slaughterhouses had, in 2010, a 75,1% market share which represents an increase of 16,1% over the last 7 years. The 4 largest slaughterhouses have 60,1% of the market compared to the 48,4% they had 7 years ago.

"Coop de France" proposes the creation of a differed market share for the swine industry

The organization of French co-ops, "Coop de France" proposed, last week, to the French Minister of Agriculture, Bruno Le Maire, a series of measures with the objective of minimizing the volatility of prices in the livestock sector.

JSR Breeding Pigs Fly Into China

Over eight-hundred high health, genetically advanced breeding pigs have successfully touched down in China this week. The animals were transported from the UK onboard a specially chartered 747 aircraft on behalf of JSR Genetics.

China - Pork exports expected to rise considerably, while swine exports to decrease

China’s pork exports in 2011 are forecast at 330,000 MT (CWE), a 19 percent increase from 278,000 MT in the previous year, fueled by strong demands in China’s export markets. Hong Kong, Japan, and Kyrgyzstan are the top three traditional Chinese export markets accounting for nearly 80 percent of China’s total shipments.

New TOPIGS nucleus farm in Canada

TOPIGS has purchased a new nucleus farm in Canada named Windy Acres near the village Malonton in Northern Manitoba. This purchase will provide TOPIGS with better breeding, better genetics and better numbers of terminal sires to supply. The farm houses 750 sows, 220 boars and 4000 fattening pigs.

Animal Health International, Inc. to merge with Lextron, Inc.

Animal Health International, Inc. and privately held Lextron, Inc. today announced that they have entered into a definitive merger agreement under which Lextron, with support from investment funds affiliated with Leonard Green & Partners, L.P., will acquire all of the outstanding common shares of AHII for $4.25 per share, or approximately $111 million, plus the repayment of AHII’s outstanding indebtedness, for a total purchase price of approximately $251 million.

Lilly Makes an Irrevocable Offer to Acquire Janssen Animal Health

Deal Would Provide European Expansion and Portfolio Diversification For Elanco, Lilly's Animal Health Division

United Kingdom - Confidence at an All Time Low

The market is less optimistic about the general financial situation than it was 12 months ago, although optimism remains higher than its lowest recorded point in 2008.

China - Soybean self-sufficiency could be raised, says expert

With enormous potential and a growing market, China will be able to raise its self-sufficiency rate in soybeans to 30 percent within three years, said Liu Denggao, vice-president of the China Soybean Industry Association.