Swine news - Economy

EU agri-food trade results have been published for February 2022.

Spain, Canada, and Brazil were the leading pork suppliers in the first four months of the year.

Hog slaughter, pork production, and consumption showed slight growth, while international trade fell in both imports and exports.

Corn production and international trade will be reduced due to lower supply from Ukraine, while for soybeans, record production levels are expected in Brazil, the United States, and Argentina.

NIFA will invest $25 million through new and existing workforce development programs to provide a pipeline of well-trained workers to meet the demand for increased independent processing capacity.

Pig slaughter and local pork production saw significant increases and there was a decrease in exports.

The improvement in production is explained by the larger area planted for second-crop corn, in addition to better development at the end of the crop cycle.

The European Commission will gather monthly data on levels of stocks in the EU of cereals, oilseeds and rice.

Farmers and agri-food businesses affected by significant increases in input costs can receive support.

Domestic pork production decreased along with exports, while imports showed a significant increase.

Preliminary data on Portugal's international trade have been released.

Mexican pork production and imports saw increases in the first quarter while exports contracted.

Commission approves €1.2 billion Italian scheme to support agricultural, forestry, fishery and aquaculture sectors in context of Russia's invasion of Ukraine.

Pig slaughter in Brazil increased by 7.2% in the first quarter of 2022.

To manage the country's food security amidst rising prices, the Indian government has prohibited the export of wheat.

The emergency loan meets a need in the swine industry, which has been severely affected by the increase in inputs, especially grain for feed.

The objective of this aid program is to cover part of the increase in animal feed costs on farms.

As part of the EU's solidarity response with Ukraine, the Commission presented a set of actions to help Ukraine export its agricultural produce.

According to the 2020 Agricultural Census, swine is the most important livestock sector in the autonomous communities of Spain.

98,000 tons of meat substitutes worth 458 million euros were produced in 2021. Meat production declined by 8% in value terms over the same period.

Data from the 2020 agricultural census show a 7.6% reduction in the number of farms and an increase in the livestock inventory.

After surging to a record level in March, international coarse grain and vegetable oil prices dropped in April.

The continued price strength stemmed from higher world poultry, pig and bovine meat prices.