Brazil: National 2022/23 grain harvest estimated at 312.2 million tons
With the total planted area in the country estimated at 77 million hectares, Brazilian agriculture maintains trending growth.
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With the total planted area in the country estimated at 77 million hectares, Brazilian agriculture maintains trending growth.
There were increases in grain and oilseed prices for the Greater Rosario area. Meanwhile, high temperatures and tight soil water conditions continue to delay the planting of new crops.
Decreases are accentuated for corn production in Ukraine and the European Union; the latter would demand more imports of the grain to compensate for the drop in its domestic supply.
Compared to November 2021, the total number of pigs is down 8.9% to 7.1 million, the lowest level in a decade.
Pigmeat consumption and production will start declining over the next ten years due to health, environmental, and social concerns.
It’s a global version of inventory management at the firm level where varying amounts of inventory for different goods are kept in storage because the relative cost of doing so is believed to be less than the cost of running out.
In 2021, pig producers' economic performance was hindered due to higher production costs (+14.9% on average) while prices received fell throughout Europe, except in Italy. Results were negative in 12 of the countries compared to only 5 of them in 2020.
The FAO has published the World Food and Agriculture – Statistical Yearbook 2022.
EU production of arable crops is expected to decrease slightly in the medium term while the production of pulses and soya beans are expected to increase significantly.
October exports of U.S. pork were the largest in more than a year according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF).
The country's population consumed an average of 18 kilograms (kg) of pork between January and June of this year.
Belarus will allow, without preconditions, the transit of grain from Ukraine through its own territory.
MEPs reached a preliminary agreement with EU governments on a new deforestation-free law that will oblige companies to verify and issue a declaration.
The National Supply Company (CONAB) expects soybean oil and meal exports to be around 22.5 million tons.
With the implementation of this new temporary measure, soybean prices rose.