Page 309 of articles about markets-economics

Hog futures jumped to a 13-year high as wholesale pork surged, signaling demand for the meat is increasing as animal herds shrink.

Irish exporters struggled to compete with supplies from the UK market, where the average price in euro terms fell by 7% due to sterling weakening. Volume shipments to the UK declined by 5% as a result, but the UK market share of total Irish exports remained unchanged at 51%.

According to FAPRI 2010 U.S. and World Agricultural Outlook, recovering from a 12 per cent drop in 2009, pork trade grows by 2.8 per cent (122,000 metric tons; mt) annually in the next decade, reaching 5.52 mmt in 2019. Pork production increases in the next decade at a rate of 1.9 per cent (1.85 mmt), reaching 115.46 mmt in 2019.

The Veterinary Services Department has licensed eight companies to import a total of 1,600 tonnes of frozen pork from foreign abattoirs.

Sales of organic products in the UK fell by 12.9% in 2009 to £1.84 billion, according to the Organic Market Report published by the Soil Association.

During the first three months of this year, the exports of pig meat reached 125,466 tonnes, which is less than the 134,800 tonnes exported during the same period of 2009.

Pork is by far Germany's most significant meat product. Production in 2009 of 5.25mn tonnes was more than double the combined total production of poultry, beef and lamb that year. Pork production saw rapid growth in the second half of the last decade expanding 22.0% from 2004 to 2009. As production has risen, there has been rapid changes in the structure of the sector.

At the end of the year the European Commission will publish a Communication on the future of the CAP after 2013. But, before setting down any initial policy guidelines for this strategic sector, Commissioner Cioloş is launching a public debate on the Common Agricultural Policy’s future, objectives, principles and contribution to the ‘Europe 2020’ strategy to inform the preparatory work for the decision-making process.

An advisory panel on Monday presented the agricultural minister with a basic farm policy plan calling for raising Japan’s self-sufficiency in food to 50% on a calorie basis in fiscal 2020.

The price of pigs from farms will be increased by 30 sen to RM7.90 for every 100gm. Federation of Livestock Farmers Association chairman (swine unit) Jeffery Beh said it was the first time that the price of the animal had reached so high.

The Federal Service for Veterinary and Phytosanitary Surveillance lifts from 7 April 2010 previously imposed temporary restrictions (Rosselkhoznadzor Instruction FS-NV-2/8807 dd. 14.08.2009) on import from Colombia (excluding the Nariño Department) to Russia of animals susceptible to FMD, beef, mutton, pork, milk and dairy products including finished products and feeds of animal origin, other raw materials and products derived from animals susceptible to FMD, used equipment for their management, slaughter and processing.