Swine news - Economy

The decline was mainly due to lower international pig meat prices.

Global wheat, barley, sorghum, and rice prices declined in November while maize prices remained stable.

Of the total 930,000 ha, 70% is in excellent condition and the remaining 30% in very good condition. In fact, 21% already have an almost assured good yield because they have received more than 60 mm in the last 10 days.

The European Commission officially launched the European Board on Agriculture and Food (EBAF), thus taking up on one of the recommendations of the final report of the Strategic Dialogue on the Future of Agriculture.

EU deforestation rules are postponed until 2025, giving companies more time to adapt and maintain environmental targets.

The recent opening incorporates products that are especially valued in Asian markets.

The growth is principally driven by anticipated demand increases in the Republic of Korea, Mexico, and the Philippines.

The contraction in production in China, coupled with marginal declines in Thailand and Canada, is expected to offset growth in other key producing regions.

Federal government reinforces pig farming with PAC funds.

Affected Gulf and East Coast ports will be reopened while negotiations continue.

World pig meat prices were unchanged, with global supplies adequately covering increased demand.

Higher slaughter numbers and carcase weights have helped production in key producing countries, according to AHDB.

FAO’s first forecast for the 2024/25 season points to an overall comfortable global cereal supply and demand situation.