Swine news - Economy

In this new update, the projection for world soybean production was cut by more than 5 million tons compared to the June report, due to a lower planted area in the United States. Estimates for corn were slightly higher than in the previous report.

Buenos Aires, Santa Fe, and Cordoba continue to account for more than 80% of the country's slaughter.

Faced with major economic difficulties in the slaughterhouse sector, the French government is launching a collective action plan.

The supply of live pigs is high while prices are low.

The agreement eliminates all tariffs on EU exports to New Zealand including pig meat.

Led by another outstanding month in Mexico and robust demand for variety meat, exports of U.S. pork continued to gain momentum in May, according to data released by USDA and compiled by USMEF.

The monthly traded volume of soybeans closed in June 2023 at its lowest level in at least the last six and a half years.

While the FAO meat price index remained unchanged from May, world pig meat prices increased in June.

According to Eurostat data, fertilizer consumption in the EU fell by 2% in 2021.

International maize prices saw a fifth consecutive monthly decline.

The USDA report "Concentration and Competition in U.S. Agribusiness" sheds light on the United States swine industry.

Global agricultural and food production are projected to continue to increase over the next ten years, but at a slower pace of growth than the previous decade due to demographic trends, according to the OECD-FAO Agricultural Outlook 2023-2032.

The legislation specifies that the term "meat" does not include an analogue product or a cell-cultured product and that these products must be clearly labelled as such.

At the beginning of May 2023, the number of pigs in Germany was 20.7 million head, down 7.3% from the previous year.

As of June 1, there were 72.4 million hogs and pigs on U.S. farms.

So far this year, the state has exported 260.7 thousand tons of pork, an increase of 14.0% in relation to the same period in 2022.

After February’s exports bounce back, the EU agri-food trade continued to progress with a significant increase in exports in March.

Green Deal: Law to fight global deforestation and forest degradation driven by EU production and consumption enters into force

Farmers can be compensated for economic losses due to market disturbances, high input prices, falling agricultural product prices, and climate events.

New research examines the question of how keeping pigs without tail docking can be made possible.

The National Retail Benchmarking study aims to improve the position of pork in the market by focusing on the quality and consistency of pork, as well as various meat case metrics.

The Russian Federation may increase pork exports this year to 200-220 thousand tons compared to 173 thousand tons in 2022.

Baden-Württemberg has experienced a sharp decrease in the number of piglets.

A Bipartisan Agricultural Labor Working Group has been formed to focus on the workforce issues faced by the nation's agricultural producers.