Swine news - Economy

Red Tractor pork standards are changing this autumn, with most of the key changes coming in from October 1.

PJSC Cherkizovo Group, the largest vertically integrated meat and feed producer in Russia, announces that it has come first in the 2016 Agroinvestors ranking of Russia’s top meat producers.

On the other hand, between January and August 2017, there has been a drop by 2.3% in comparison with the same period in 2016.

July pork export volume dipped below its year-ago level for the first time in 15 months, with export value also down slightly.

Two Peruvian companies have already received the authorisation, as they fulfil the health and harmlessness safety margins demanded by the importing country.

In the first semester of 2017, pig production fell by 4.7% with respect to the same period in 2016.

Hog producers reported 14.1 million hogs, up 2.1% from July 1, 2016, marking the fifth consecutive year-over-year increase.

Spain is the fourth pork supplier to Mexico, only beaten by the USA, Canada and Chile.

US pork will enter the Argentinian market for the first time since 1992.

With the evident consequences of climate change, high price volatility, greater exposure to the agricultural global market and other uncertain factors, it is vital for European farmers to have access to suitable and appropriate risk management tools.

Statistics Canada conducts the census every five years. The information collected offers a statistical portrait of Canada's farms, and its farm operators.

The report shows that the total value of EU agri-food exports increased by 9% in May 2017 compared to last year.

On 6 July 2017, the European Union and Japan reached an agreement in principle on the main elements of an EU-Japan Economic Partnership Agreement.

The exports where better in terms of value but worse in terms of quantity with respect to the first semester of 2016.

Pork production totaled 2.05 billion pounds, up 2 percent from the previous year.

Global pork trade is facing new dynamics, driven by price developments, new trade deals, and more challenging business environments, according to RaboResearch’s latest Global Pork Quarterly.

It is the lowest pig census since November 2010.

Despite the important growth of the national production, the pork exports in the first semester of 2017 have risen 79,4% versus the same period in 2016.

Some ministers warned against mandatory origin labelling which would, in their opinion, not only be costly and burdensome but also detrimental to the internal market and free movement of goods.

The EU and Brazil - two of the world's biggest producers of agricultural products - submitted to the World Trade Organisation (WTO) a joint proposal on support for agricultural production and food security measures.

The Portuguese authorities have made official the opening of the Chinese market to Portuguese pork.

Pork consumption showed a decrease by 1.7 kg, reaching 36.2 kg per capita.

The fall in EU pigmeat exports is expected to be smaller in 2018 (-2 %), thanks to a small increase in production.

According to DG Agriculture "Short-term outlook for EU agricultural markets in 2017 and 2018" the negative trend is expected to continue at a more moderate level throughout 2017.