Swine news - Economy

In addition to achieving a production record of more than 600,000 tons, per capita consumption approached 15 kg/inhabitant/yr. Undoubtedly, the outlook for the sector's future is promising in the short, medium, and long term.

The CAS Ministers of Agriculture discussed the opportunities and challenges that the agreement between Mercosur and the European Union represents for agri-food trade in the region.

Nigeria is the leading pork producer in Africa, with an annual output of over 303,000 metric tonnes.

São Paulo led exports, with a 44% share of total revenue, followed by Paraná and Minas Gerais.

The pressure came from the advance of the 2024/25 harvest in Brazil, the reduction of withholding taxes on the soybean complex in Argentina, and the exchange rate devaluation.

The considerable increase in live hog prices during the last quarter was reflected in the increase in consumer prices.

The German federal parliament passed the draft bill to amend the Renewable Energy Sources Act to ensure the targeted further development of the biogas plant portfolio.

Exports of animal feed and raw materials will reach nearly 1.04 billion USD in 2024, down 13.2% compared to 2023.

Wheat export prices dropped very slightly while world maize prices increased.

The decline was driven by lower international ovine, pig, and poultry meat prices, which outweighed increases in bovine meat quotations.

Exports of U.S. pork eclipsed previous highs in both volume and value in 2024.

Meat production increased for the first time since 2016, after seven consecutive years of declines.

Spain has reached a new high in piglet imports from the Netherlands in 2024.

Under the supervision of Rosselkhoznadzor, the first batch of pork in 2025 has been shipped from Tomsk to Hong Kong.

Ecuador's pig farming sector has shown remarkable growth in recent years, currently meeting domestic demand and aiming for international markets.

MIDAGRI reported that the sector's growth was driven by a 6.8% increase in the crop subsector and a 1.8% rise in the livestock subsector.

The Polish presidency's program considers the EU agenda and key challenges of EU agriculture.

The Nicaraguan Ministry of Agriculture reported a 3.4% increase in national pork production in 2024.

Following a presentation from the Commission, ministers exchanged views on two recently published legislative proposals that aim to strengthen the position of farmers in the agri-food supply chain and respond to some of the most pressing challenges that the agricultural sector faces.

The Council discussed the latest developments in agrifood trade issues, with a particular emphasis on the impact of agrifood trade on EU farmers non-tariff barriers to trade with countries outside the EU.

China reduced its pork imports in 2024 while production remained high.

Despite the economic situation in 2024 and the increase in imports, domestic pork production achieved significant growth, which could be explained, in part, by the strength of domestic consumption, as well as by the gradual recovery of exports. These results reflect the resilience of the pork sector, marking a very positive year-end and promising expectations for the future.

Despite being such a small country geographically, Uruguay has one of the highest per capita pork consumptions in Latin America, with imports making up 80% of its consumption.

EU agri-food trade reached record levels, with exports totalling €21.7 billion and imports at €16.2 billion.