Germany grants a second aid package for the swine industry
It is a small energy-specific aid package and will complete the first package that began to be paid last week.
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It is a small energy-specific aid package and will complete the first package that began to be paid last week.
More pork from government reserves will be released to maintain supply and price stability.
Compared to the August reports, USDA's global estimates for corn and soybeans are lower in terms of production, international trade, and ending stocks. In that sense, considerable cuts were made for U.S., European Union, and Ukrainian grain production. Meanwhile, for oilseeds, a decrease in the U.S. crop is projected.
High production costs have led many farmers to close their farms and as a result, Danish Crown has had to slaughter fewer hogs.
After seven successive quarters of negative margins, the English pig breeding herd has been reduced greatly.
Feed manufacturers fear they will not be able to meet farmers' demand if this scenario continues.
It is estimated that the production of beef, pork, and poultry carcasses will grow 3.1% at the end of this year. Wholesale and consumer pork prices confirm its competitiveness compared to other animal proteins.
EU must strengthen food security, improve sustainability of agriculture and promote the use of modern techniques in agriculture
Spring crops suffered from drought and high temperatures. As a result, yields have fallen sharply, especially for non-irrigated corn.
Although the growth rate of pork production is very similar to that of beef and only half that of poultry, pork remains the most competitive in terms of consumer prices.
Pork exports remained below last year’s pace but continued to gain strength in Colombia and the Caribbean and stayed above year-ago for Mexico, the leading destination for U.S. pork.
This will be the second batch of pork released from the country's central reserves this year.
Argentina succeeded in opening the Singapore market to pork and pork products, authorizing 3 meat packing plants.
In the 2021/22 harvest, Brazil produced an estimated 271.2 million tons of grain, an increase of almost 14.5 million tons.
In 2021, pork exports increased 66% in value and 54.4% in volume compared to 2017.
The Dominican Republic, Costa Rica, Guatemala, and Panama account for more than 80% of the region's breeding sows.