Swine news - Economy

Compared to the first quarter of 2023, Chinese pork imports have decreased by 53%.

Germany and China have signed two joint statements on the lifting of trade restrictions arising from bovine spongiform encephalopathy and on the export of apples.

What has the hog production situation been like recently in China? What measures have been taken to stabilize hog production?

In its latest report "Livestock and Poultry: World Markets and Trade" released on April 11, the USDA revised its estimates for 2024, forecasting a decrease in world pork production, which would be due to lower production in China, offset by increases expected in the United States, European Union, and Brazil.

The four Protected Designations of Origin have reached an alliance to take action against improper uses of their protected names.

The average first-quarter live pig price is up nearly 10% from the past 3 years.

Danish Crown concedes that its prior utilization of statements regarding climate actions did not meet the standards outlined in marketing legislation.

World corn projections were lowered by 2.4 million tons compared to the March report. Soybean production, trade, and ending stock projections were cut slightly.

After the leafhopper attack, corn yields dropped 30% to around 6 tons/ha. The decrease may continue to worsen.

The interim relief judge ruled that there were serious doubts about the legality of the ban, which was to take effect on May 1.

Mexico and the United States strengthened training programs for agricultural producers and laboratory personnel.

Brazilian pork exports fell sharply in March, with the lowest volume and revenue since February 2023.

On April 2, another Russian enterprise sent 167.99 tons of pork by-products to China.

According to the National Bureau of Statistics, Chinese pork production saw a slight decrease in the first quarter.

The Belgian federal and regional agriculture ministers invited their European colleagues to Belgium to discuss food, especially proteins, as a strategic sector for the future of Europe.

With this budget increase, the government assumes there are sufficient funds to honor all approved applications.

Per capita meat consumption fell below 52 kilograms in 2023.

According to Cepea, the good export pace reflects the negotiations of fixed-term contracts which took place in 2023.

The import volume increased despite the significant rise in prices.

Austrian pork meat producers will be able to supply parts such as offal, feet, and heads to China.

The government will financially support young farmers who start or take over a business.

Parliament and Council reached a new provisional agreement on extending temporary trade measures for Ukraine.

Global wheat export prices declined while maize export prices edged marginally upwards.

The last positive farm successfully completed its remediation plan in 2022, maintaining sustained negative results to date.