Swine news - Economy

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.

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.

The Institute of Agricultural Market Studies raised the base forecast for wheat harvest in Russia this year by 2 million tons, to 87 million tons.

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

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

Raw, single ingredient ground pork is exempt from the requirement of having a front-of-package warning label as well as single-ingredient whole meats.

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

One week ago Canada authorized the first Brazilian plants to import their pork. Now Canada has announced the authorization of two others.

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.

The pig herd in Germany's leading pig-producing state is at 7.3 million head, down 10.6% from May 2021.

High hog slaughter levels at the start of 2022 bode well for a new record in hog production this year.

Possible corn shipments from Brazil to China could reshape the world grain market, while soybean shortages are causing prices to rise.

The Canadian market has recently opened its doors to Brazilian pork.

With rising costs, there is little chance that the piglet price in the Netherlands will reach break-even levels in 2022, according to Rabobank.

EU27+UK pork production needs to decline to rebalance supply and demand, according to Rabobank.

Pork is the most important product to Santa Catarina's agricultural production in terms of value.

Although a decrease in the harvest of cereals, especially barley and corn, is expected, that of oilseeds will increase.

Historic hog slaughters were recorded for the first three months of the year, resulting in the best first quarter on record.

Pork prices in China went up last month, official data showed.

ABPA survey results show that Brazilian pork exports reached 89,700 tons in April, down 8.8% year on year.

According to Conab, it is estimated that cereal production in 2021/22 should reach 271.3 million tons, a new historical record.

Federal Minister of Food and Agriculture, Cem Özdemir, has submitted a proposed Animal Husbandry Labeling Law.

This measure is to address the inflationary impact of the Russia-Ukraine conflict.

At the European level, Spanish livestock production is one of the most important. In 2020, it reached nearly 11 million tons with the pork sector being of particular importance.