Page 361 of articles about markets-economics

Pork has been many Koreans' favorite source of protein for many years but its consumption has declined sharply over the past few months since the outbreak of the H1N1 influenza A.

European farmers and agri-cooperatives have estimated the 2009 cereals harvest in the EU-27 at 309.4 million tonnes.

While May was expected to be the month in which U.S. pork exports were most affected by A-H1N1 influenza, the impact has not been as negative as some analysts had predicted, according to an analysis of USDA statistics by the U.S. Meat Export Federation (USMEF).

Canada's federal, provincial and territorial Ministers of Agriculture held their annual meeting in Niagara-on-the-Lake this week to discuss issues affecting the sector and their ongoing support for farmers and the agricultural and agri-food sector across the country.

Thailand’s Department of Internal Trade (DIT) at the Commerce Ministry has revealed a new formula to calculate pork prices locally after mounting complaints from consumers on high prices. Under the new method, wholesale pork price is set at a farm-gate price plus 10% while the retail price is the wholesale rate plus 7%.

USDA Price forecasts for 2009 are lowered for cattle and hogs. The hog price forecast is also lowered for 2010.

United States trade officials have gained substantial ground in recent days to reduce the number of states suspended from exporting pork to Russia due to A-H1N1 influenza. But even when the influenza-related suspensions are fully removed, the U.S. must still resolve the issue of having more than 30 pork plants delisted by Russia for other reasons – a problem that has severely limited the flow of exports over the past several months.

The Harper Government is investing $20 million to build a vital link in the traceability chain that tracks Canadian livestock from the grocery store back to the original farm gate.

According to figures published by Estacom, between January and April 2009, the Spanish exports of meat and meat products increased by 2.4%, reaching a total value of 916.53 million euros. The sector shows a positive balance of trade of 526 million euros with a coverage rate of 235%. Despite this increase the only positive movement during these three months was for pig meat which increased by 13.6% up to 509.7 million euros and for the sale of meat based products.

The ban on genetically modified products in Negros Occidental has caused prices of feeds to rise and compelled hog and poultry raisers in the province to put their expansion plans on hold.

Brazil's antitrust regulator imposed temporary restrictions on Perdigao's takeover of rival foodmaker Sadia.

South Korean food companies will resume pork exports to Japan after being shut out of the market for nine years, the government said Friday.