Swine news - Economy

On 6 July 2017, the European Union and Japan reached an agreement in principle on the main elements of an EU-Japan Economic Partnership Agreement.

The exports where better in terms of value but worse in terms of quantity with respect to the first semester of 2016.

Pork production totaled 2.05 billion pounds, up 2 percent from the previous year.

Global pork trade is facing new dynamics, driven by price developments, new trade deals, and more challenging business environments, according to RaboResearch’s latest Global Pork Quarterly.

It is the lowest pig census since November 2010.

Despite the important growth of the national production, the pork exports in the first semester of 2017 have risen 79,4% versus the same period in 2016.

Some ministers warned against mandatory origin labelling which would, in their opinion, not only be costly and burdensome but also detrimental to the internal market and free movement of goods.

The EU and Brazil - two of the world's biggest producers of agricultural products - submitted to the World Trade Organisation (WTO) a joint proposal on support for agricultural production and food security measures.

The Portuguese authorities have made official the opening of the Chinese market to Portuguese pork.

Pork consumption showed a decrease by 1.7 kg, reaching 36.2 kg per capita.

The fall in EU pigmeat exports is expected to be smaller in 2018 (-2 %), thanks to a small increase in production.

According to DG Agriculture "Short-term outlook for EU agricultural markets in 2017 and 2018" the negative trend is expected to continue at a more moderate level throughout 2017.

The ban, which began in 2014, has been extended year after year.

During the first 4 months of 2017, meat production in Russia has increased by 3.2%.

This international organization has provided its users with more information about these criteria in the face of the proliferation of regional trade agreements and the implementation of different sets of origin regulations in a growing number of countries.

European Commissioner for Agriculture & Rural Development Phil Hogan has welcomed the Economic Partnership Agreement between the EU and Japan as a "great new opportunity for our exporting agri-food producers".

Global food commodity prices rose in June, led by wheat and meat prices.

Almost €1,226 million in sales, with China and France as the main destinations of Spanish pork.

Together with Spain, France also increased significantly, displacing Poland to the fourth place.

United States inventory of all hogs and pigs on June 1, 2017 was 71.7 million head. This was up 3 percent from June 1, 2016, and up 1 percent from March 1, 2017.

The restrictions are due to a new outbreak of FMD in the Republic of Colombia.

The European Commission has approved under the EU Merger Regulation the acquisition of joint control of both Zur Mühlen Group and the Asset Group by Clemens Tönnies and Robert Tönnies, all based in Germany.

EU agri-food exports were €10.6 billion in April 2017, a level equal to the average of the last four years.

Joint Statement of Secretary Perdue (U.S.), Minister Lawrence MacAulay (Canada) & Secretary Calzada (Mexico) Regarding Trilateral Agriculture Meetings in Savannah.