Swine news - Economy

According to Copa-Cogeca, after the complicated situations experienced in 2020 across Europe, a more optimistic 2021 harvest is expected in the EU, with a total of 292.45 and 30 million tons of cereals and oilseeds, respectively.

According to the Chinese government, the breeding sows in the country are at 102% of the levels they were at the end of 2017.

The country's pork production is up 36% in the first half of 2021.

USDA announces $500 million for expanded meat and poultry processing capacity as part of efforts to increase competition.

The ‘EU farm economics overview’ report provides an overview of key economic developments in European agricultural holdings up to 2018.

Fueled by impressive growth in a wide range of destinations, U.S. pork export values shattered previous records in May, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF).

The OECD-FAO Agricultural Outlook for 2021-2030 provides insight on global pigmeat production, and consumption for the next ten years.

In June, price quotations for all meats represented index rose, according to the FAO Meat Price Index.

Since Colombia has recovered its FMD-free status with vaccination, Peru has lifted restrictions on pork.

The OECD-FAO Agricultural Outlook provides projections for world oilseed and cereal markets for the period 2021-2030.

According to the Federal Statistical Office (Destatis), the number of pig farms has decreased by 47% in the last ten years.

EU pigmeat production is expected to continue increasing in 2021, as additional production in some EU countries more than compensated for the decrease due to ASF in Germany.

Between April and June 2021 excess pork production in China has lowered pork prices, caused small and medium producers to liquidate farm inventories, and limited piglet restocking.

From January to May of this year, pork imports have increased by 65%.

As of May 3, 2021, the number of pigs in Germany stood at 24.6 million head.

The number of hogs and pigs on U.S. farms was down 2% from June 2020.

Pig slaughter in Germany was down 4.2% in the first quarter of 2021.

The provisional political agreement reached by the European Parliament and Council on the new Common Agricultural Policy introduces a fairer, greener, more animal friendly and flexible CAP.

The Portal brings together information from more than 200 databases on crops, climate, and rural credit, as well as information on the fisheries industry and geo-referenced images of rural Brazil.

The volume of pork on the Chinese market has continued to increase recently. In May, the slaughter volume increased 44% year-on-year.

This arrangement would serve to minimize trade impacts to the Canadian swine sector while protecting the swine populations in both countries.

The pork trade balance was again positive in 2020, both in volume and value. The trade surplus was US$ 4.03 million, while in 2019 there was a trade deficit of US$ 47.3 million.