Page 334 of articles about markets-economics

New farm income figures published show the difficulties on farms last year. The average family farm income in 2009 was €11,968, down by 30 per cent on 2008. That’s according to the Teagasc National Farm Survey published Tuesday, 8 June. This decline comes on top of a 13.7 per cent drop in incomes in 2008 bringing the overall decline in family farm income to 40 per cent since 2007.

On an annual basis, fresh and frozen pork is up 3.1% while shoulder roasting joints are up 40% and loin roasting joints are up 11.7%.

In the course of the inspection of Brazilian meat processing plants, which was carried out by the Rosselkhoznadzor specialists in April 2010, it was found out that most Brazilian plants that used to export their products to Russia, do not fulfill veterinary-sanitary norms and requirements.

Funds left over from the federal government's hog farm transition program (HFTP) are now on their way to at least some of the producers who didn't make the cut during the program's fourth tender.

The average Belgian bought 32.1 kg of fresh meat in 2009. That is a decline of 500 g compared to the previous year.

The amount of pork products exported from Canada is expected to decline come calendar year 2011.

International prices of key food staples have dropped during the first five months of 2010 according to the latest edition of FAO's biannual Food Outlook report. Despite recent drops in international food prices, the cost of the average food basket is 69 percent higher than six years ago.

Agriculture Secretary Tom Vilsack announced that Emergency Conservation Program funds are being made available to farmers and ranchers in 14 states to repair farmland damaged by natural disasters in 2010.