Swine news - Economy

The government announced the elimination of export duties on beef, pork, and dairy products and a 25% reduction in withholding taxes for different meat chains. The objective is to strengthen competitiveness.

Updated guideline makes recommendations to strengthen documentation supporting animal-raising or environment-related claims on meat product labeling.

China's securities regulator approves registrations of new options.

The cost of PRRS has increased by 80% in the last decade.

Rusagro Group, one of the largest Russian agricultural holdings, plans to supply up to 10,000 tons of pork meat to China in 2024.

Vietnam and the rest of Southeast Asia holds immense opportunity for U.S. exporters.

Pig and cattle inventories continue to decline in Belgium while the number of poultry, sheep, and goats is increasing.

Pork exports from Santa Catarina set a record in July with the best result since 1997.

According to the latest estimates from the OECD - FAO Agricultural Outlook 2024 - 2033, Asia and Latin America will be the regions that will grow the most in the next 10 years, while Europe is expected to see decreases in its key indicators.

The national strategy will enable Spain to take a leading position in the debate on sustainable food systems, which is already on the agenda of international organizations.

Planting intentions fell 30% compared to last year in the region. Fear of the lack of rains in September, La Niña, leaf hoppers, and the lower harvest price explain the drop.

The Government has established a common integrated system of official border controls for agri-food exports and imports.

Jalisco and Yucatán grew the most last year, with rates close to 3%.

Spain is the main pork supplier to the Philippines, with 145,000 tons exported in 2023.

Russia quadrupled pork supplies to China in June to 3.8 million dollars

Positive factors support confidence building in pork supply chains, but risks remain.

For the first time in decades, fewer than ten tons of pigs were slaughtered. in Belgium.

These are the main findings of the latest monthly agri-food trade report published today by the European Commission.

Trends in U.S. pork production and the current structure of production.

Feed inputs, like corn and soybean meal, account for an estimated 52% of total U.S. production costs.

In the first half of the year, pork production exceeded 380,000 tons.

The U.S. pork industry represents a significant value-added activity in the agricultural economy and a major contributor to the overall U.S. economy.

In the first five months of the year, almost 2.5 million head of pigs have been slaughtered.

In the first 6 months of 2024, animal feed and raw materials imports reached over 2.56 billion USD, a year-on-year increase of 9.6%.