Swine news - Economy

As 2019 gets underway, we see another year full of potential in global pork, with growth in production and demand in many parts of the world. Yet this is overshadowed by the uncertainty created by complex disease and trade issues, as can be read in the just-released RaboResearch report ‘Pork Quarterly Q1 2019: Another Uncertain Year – With More Complex Disease and Trade Issues’.

All Farm Service Agency (FSA) offices nationwide will soon reopen to provide additional administrative services to farmers and ranchers.

Pork exports between January and October 2018 grew by 1.8% with respect to 2017.

The total output of pork was 54.04 million tons, down by 0.9 percent.

The FAO Meat Price Index posted an a 0.8 percent increase during the month, led by a recovery in pigmeat prices, which were supported by strong global import demand, especially from Brazil. The index was down 2.2 percent on an annual basis.

China's pork supply will determine trading trends for meat and oilseeds.

It is expected that from 2019 to 2023, the import volume of pork and pig offal in China will continue to rise, and China’s pork market will receive attention from the pig farmers and pork traders all over the world.

The number of pigs decreased by 1.7% (or some 457,000 animals) in comparison with May 2018.

The new European law will cover agricultural and food products traded in the food supply chain, banning for the first time up to 16 unfair trading practices imposed unilaterally by one trading partner on another.

Poland took the opportunity to request the activation of private storage aid for pigmeat.

The European Commission welcomes approval in the European Parliament of the EU-Japan Economic Partnership Agreement and the EU-Japan Strategic Partnership Agreement.

The House of Representatives passed the 2018 Farm Bill conference report, sending the bill to the president’s desk for his signature.

EU consumption of pork will decrease from 32.5 kg per capita in 2018 to 31.7 kg in 2030. This decline will be compensated by higher exports, with world import demand that will continue to grow at a rate of 0.7% per year during 2018-2030.

The FAO Meat Price Index came in marginally lower, with only bovine meat prices rising during the month.

A single safety and traceability system for animal and plant products will be created.

Russia is interested in supplying various agricultural products to Colombia. This includes poultry and pork products, as well as high-quality beef.

On November 30, 2018, Canada, the United States and Mexico signed the new Canada-United States-Mexico Agreement (CUSMA), on the margins of the G20 leaders’ summit in Buenos Aires.

The President of the United States, Donald J. Trump, and President Xi Jinping of China, have just concluded what both have said was a “highly successful meeting” between themselves and their most senior representatives in Buenos Aires, Argentina.

Notable losses in export values over the last 12 months were raw hides and furskins, pork meat (- 374; -7%) and fruit.

The prices along the vast an heterogeneous Chinese geography have undergone different evolutions.

What is the reason for the decrease by 2.5% in pig slaughterings?

Within the framework of the visit to Spain of the President of the People's Republic of China, Mr Xi Jinping, the signing of two protocols that will allow to start the exports of table grapes and an increase in the number of pork products from Spain to China took place today.

USA and Brazil had the lowest production costs in 2017.