Swine news - Economy

June exports of U.S. pork fell below year-ago levels for the first time in 2020, but exports remain on record pace for the year, according to USDA data compiled by the U.S. Meat Export Federation (USMEF).

Singapore, already a major importer of Brazilian pork, increased its purchases in 2020.

Over the past six years, Russia has reduced its food imports by a third - from $43.3 billion in 2013 to $30 billion in 2019. Pork imports have shrunk tenfold.

Between January and June the EU has exported 2,936,271 tonnes of pork.

World pig meat output is forecast to record a sharp contraction for the second year in a row, according to the FAO Food Outlook biannual report on global food markets.

According to a study by MAPA, grain production will reach 318 million tons in 2029/2030. Animal protein production will increase by 23.8%.

Pork shipments were up 55% in the first half of the year, while consumption reached an all-time high in June.

The mid-year meat price index is down 9% year-on-year and price quotations for pig meat fell in July.

Taiwan to set permissible ractopamine residue levels for imported pork.

The new Organization of Mexican Pig Producers (Opormex), brings together the country's pork producers in a single group.

Following new cases of COVID-19 among its workers, Danish Crown has decided to close its slaughterhouse, which processes pigs, in Ringsted.

In the first half of 2020, Argentine exports of meat (14%), fruit (22%) and vegetables (15%) grew compared to the same period last year.

The largest pork producing state in Brazil, Santa Catarina, continues to increase shipments in 2020.

Food security, post-pandemic economic recovery, and boosting agrifood supply chains were some of the issues addressed in the meeting attended by 31 ministries of agriculture in the Americas.

COVID-19 has shaken the global pork industry, disrupting the supply chain and causing various challenges.

The positive trade balance of EU27 agrifood was boosted by continued strong exports of pig meat, wheat, and coarse grains in the first four months of 2020.