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Page 295 of articles about markets-economics

As We Sow Part 3: The Corporate Farm

As farmers leave the land in record numbers, agribusiness and the associated industrialization of agriculture continue to expand. The consequences—intended and unintended—of this rapid restructuring of our food system reach well beyond the boundaries of what we think of as "the family farm." The award-winning documentary short, AS WE SOW, documents the stories of survival and failure in the real heartland, a struggle pitting family against family, neighbor against neighbor, citizens against their government, and small, independent farmers against the giants of global agribusiness.

Europeam Commission clears acquisition of DANISCO by DUPONT

The European Commission has granted clearance under the EU Merger Regulation to the acquisition by E.I. du Pont de Nemours and Company ("DuPont", USA) of Danisco A/S ("Danisco", Denmark).

South Korea reopens livestock markets

South Korea will reopen all 85 of its livestock markets today, almost four months after they were closed at the end of November last year when FMD surfaced.

USA - Deal with Columbia will benefit U.S. pork producers

The National Pork Producers Council praised the Obama administration for today concluding a free trade agreement with Colombia, paving the way for congressional approval of the deal later this year.

Smithfield Foods confirms discussions to acquire controlling interest in Campofrio Food Group

Smithfield Foods, Inc. confirmed today that the company and Pedro Ballve are currently evaluating a joint de-listing takeover bid to acquire the remaining approximate 50 percent of Campofrio Food Group, S.A. for €9.5 per share.

Brazil sends a mission to China with the objective of exporting pork

This week the arrival in China of a Brazilian mission headed by the Director of the Animal Product Inspection Department of the Department of Agriculture, Luiz Carlos Oliveira, is expected. The objective of the mission is to continue negotiations for the sale of Brazilian pork in China.

James Olson Nominated to Board of Directors

Maple Leaf Foods announced today that James P. Olson has been nominated to join the board as an independent director and will stand for election at the Company's Annual General Meeting on April 28, 2011. He was identified through an independent global search firm retained by the board, and brings a strong mix of skills and experience.

Groupe Grimaud - parent company of Newsham - and PEN AR LAN form international pig genetics alliance

Continuing the growth of its international pig genetics business, Groupe Grimaud, parent company of Newsham, has entered into an alliance with PEN AR LAN, an international pig genetics company with operations in France, Poland, Brazil and Canada.

PorkPress releases

Campofrio Food Group closes the acquisition of 100% of Cesare Fiorucci

Today Campofrio Food Group closed the acquisition of Cesare Fiorucci. The transaction, set in motion in January, was successfully concluded, after having secured all the authorisations required for the merger under Italian law, as well as the go-ahead from the anti-trust authorities.

U.S. Aims to test meat prior to selling

The Obama administration, hoping to prevent recalls, consumer illnesses and even deaths from contaminated meat, will unveil a proposal Tuesday to force companies to delay sending beef, pork and poultry to grocery stores while government inspectors complete tests.

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.