Swine news - Economy

In the third quarter of 2023 alone, Vietnam exported 5.78 thousand tons of meat and meat products, worth 28.37 million USD and imported 195.09 thousand tons of meat and meat products, worth 397.16 million USD.

Exports resume for canned beef and pork and beef and pork extracts.

FAO's annual data compilation offers insights into the current global trends in primary crops.

South Korea only allows pork and beef from Areas Free of Foot-and-Mouth Disease without Vaccination.

Animal protein production will keep growing in 2024, but at a slower pace, as margins remain tight.

The FAO’s Statistical Yearbook offers insights into global trends in meat production.

Export values decreased for pigmeat as exported volumes declined by 18%.

African swine fever (ASF) spread from Europe to China in 2018—one of the largest animal disease incidents ever. The outbreak reduced China’s pork supply, and Chinese pork prices more than doubled to reach record levels.

The country will launch the third batch of central pork reserve purchasing and storage work within the year.

Philippines pork imports are down this year.

Applications are now open for the second round of the Slurry Infrastructure Grant, with double the funding on offer compared with the first round.

Oilseed crushing in China was a record in the 2022/23 marketing year at 133 Mt. Added to this is a large recovery in oil imports of up to 12.69 Mt and continued growth in meal demand.

In the first nine months of 2023, the total number of pigs slaughtered in Portugal fell by 4.5% (-133,474 head).

Compared to the October report, estimates for global corn production and exports were upgraded, with a larger U.S. crop expected. As for soybeans, a slight increase was projected for global production and a decrease in ending stocks.

Foreign sales turnover increased by 32.9% in the first nine months of 2023.

United Kingdom pig producers can now become accredited to export to California under the US state's new Proposition 12 regulations.

The European Commission will allocate €185.9 million in 2024 to fund promotion activities for sustainable and high-quality EU agri-food products at home and abroad.

The rains have helped restore soil moisture in preparation for the new soybean season, which is progressing steadily toward April of next year.

Shipments of Russian pork to the Chinese market may begin by the middle of next year.

Several key growing regions appear to be turning a corner in terms of productivity.

Pig slaughter is up 0.5% year-on-year and up 3.7% from the previous quarter.

The European Commission gave its final approval for the second call for the voluntary closure of pig farms.

Historic drought impacts soybean production, crushing reaches 18-year lows, leaving Argentina dependent on imports.

September exports of U.S. pork were down slightly from a year ago but maintained a robust pace, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF).