Page 179 of articles about markets-economics

Phil Hogan, EU agriculture and rural development commissioner, will lead a delegation of 60 EU food and beverage producers and associations to Canada from 1-3 May 2017 to promote quality food and beverage products from Europe.

The excellent health status of the livestock in Santa Catarina has been decisive in the negotiations.

The global pork market is relatively stable, with rising supply from the Americas easily absorbed in the main import markets in Asia, resulting in a steady development of the Rabobank Five-Nation Hog Price Index. Continuing strong Asian imports are supporting pork prices across the globe, with the supply volume in each region determining the actual level. This is according to the Rabobank Global Pork Quarterly Q2.

Supply of pork is tight due to the continuing decline in the number of backyard farmers over the past few years. This has resulted in the significantly higher suggested retail price of the commodity in the local market.

Currently, the agrifood products trade between both countries reaches USD5 billion.

This measure puts an end to the proration mechanism for pork imports.

The system is planned to be adopted in a year and a half at the most, and it will be voluntary.

In recent years, Lithuanian diplomats and officials have been trying to help food producers gain access to Chinese market amid efforts to diversify food exports.

Growth in the Korean sow herd and continued disease management are leading to a larger pig crop and additional pork production.

Cherkizovo Group, the largest vertically integrated meat and feed producer in Russia, announced its decision to acquire NAPKO, one of Russia’s leading grain producers.

In 2016, China became the main market for this product, beating Japan.

Global food prices monitored by FAO fell in March, with the exception of meat prices.

Commission Implementing Regulation (EU) 2017/647 of 5 April 2017 adopting exceptional support measures for the pigmeat market in Poland in respect of certain sows and other pigs slaughtered from 1 August to 30 November 2016.

The Brazilian Animal Protein Association, together with the Brazilian Exports and Investments Promotion Agency has presented the project at the Embassy of Brazil in Mexico.

The Commission updated the Council on the latest developments in the meat scandal recently discovered in Brazil and relating to the fraudulent release of licenses and irregular inspection of slaughterhouses.