Page 64 of articles about markets-economics

The OECD-FAO Agricultural Outlook 2022-2031 outlines market developments and medium-term projections for world meat markets.

Soybean imports for marketing year 21/22 are revised downward while soybean production for MY 22/23 is forecast higher.

Environmental-related measures, reduced export prospects, high input costs, and ASF are leading to an expected fall in EU pigmeat production in 2022.

While May pork exports were well below last year’s large totals, shipments were the largest of 2022 in both volume and value.

In June, world cereal prices decreased month-on-month but were still 27% above year-ago levels.

Pig meat prices recovered slightly on higher imports by several leading importers, amid continued low purchases by China.

Data provided by the statistical service of the Netherlands shows that Spain continues to increase its imports of pigs and piglets.

The Federal Ministry of Food and Agriculture (BMEL) has presented the details of the exceptional aid of 180 million euros to German farmers in the sectors most affected by the war in Ukraine.

In May 2022, the number of pigs fell to 6.1 million head (-3.4%) in North Rhine-Westphalia.

Pork production in Russia increased 7% during the first five months of this year.

The U.S. hog inventory was down 1% year-on-year as of June 1.

The agreement eliminates import duties on all EU agri-food export to New Zealand.

The retail cost of pork in Russia in 2022 will grow at a rate many times lower than inflation due to an increase in the production of this product and stabilization of the cost structure.

Compared to May 3, 2021, the swine herd is down 9.8% or 2.42 million head.

Exports of pork from the UK to the Philippines reached almost £17 million in the first four months of 2022 – up 14% on the same period last year.