Ukraine has lost $1bn-worth of trade thanks to the Russian-inflicted food embargo, according to Natalia Mykolska Ukraine’s Deputy Minister of. Read more...
Unfortunately, we lost $10- $12 in the futures market in just 6 weeks. Using the latest hogs and pigs report numbers we are probably going to set new weekly slaughter records this fall. With that said, I do not see the need for packers to chase cash hogs for a while, writes Allan Bentley, US Sales. I do not study technical charts that much, but any kind of retracement for winter futures months need to be sold. Getting through that time with limited red ink on the books seems to be the best option. The good news according to the latest yield estimates, corn will be abundant. With the corn crop getting close to the finish line, and a national yield of 175, I do not. Read more...
Having reached their lowest point for many years earlier in 2016, global pork export prices have started to pick up more recently. Although not perfect, export prices give a good indication of how farmgate prices will have developed on a global basis. Having started the year at a fraction over US$2.30 per kg, the average value of pork traded from the four major global exporters (EU, US, Canada and Brazil) reached $2.52 in June. This was the highest level since last October but was still 12 cents below June 2015. Some tightening of supplies has been seen across the major exporting countries, contributing to the rise in prices, although this is not reflected in the. Read more...
The value of EU agri-food exports for the 12-month period from July 2015 to June 2016 amounted to just over €129 billion, a 2.1 per cent increase compared to 2014-2015, according to the latest monthly report on agricultural trade. There was notable improvement in sales to the US (+ €2.2 billion), China (+ €1,8 billion) and Saudi Arabia (+ €0.6 billion). The sectors which have shown the greatest gains over the 12-month period are pigmeat (+ €986 million), wine (+ €511 million) and live animals (+ €502 million), whereas there was a notable decrease from the value of 2014-2015 exports for raw hides and skins (- €1.1 billion),. Read more...
WTO: Russia’s import ban on EU pork illegal The World Trade Organisation (WTO) has ruled that Russia flouted international trade laws by imposing a blanket ban on imported pigs and pork. Read more...
African Swine Fever has started to affect farms in more zones in eastern Poland after having been contained to 3 districts for over 2 years. Ever since the first confirmation of ASF in Poland in May 2014, the virus was mainly found in wild boars in forests in Hajnowski, Sokolski and Bialostocki districts in Podlaskie province. This province is located in the far east of the country, bordering Belarus. Occasional outbreaks happened to be recorded on small farm sites, but all in all the pattern that emerged was that Poland managed to contain the virus within these three districts. Outbreaks in other districts Ever since late July 2016, however, outbreaks have also. Read more...
WTO verdictonEUporkbanwelcomedbyEU The European Commission (EC) has welcomed a World Trade Organisation (WTO) ruling opposing Russia’s bans on EU exports of pigs, pigmeat and related products, imposed during 2014 because of outbreaks of. Read more...
The Russian pig industry has managed to overcome the trade embargo with both the United States and the European Union by expanding its total amount of breeding animals. Data by theRussian Ministry of Agriculturereveal that the number of purebred breeding farms grew from 117 in 2013 to nearly 150 in 2016. The overall growth of the pedigree herd grew from 84,000 head to 107,000 head in that same timeframe. Share of pedigree sows According to a study by Ivan Dunin, chief specialist of Russian Research Institute of Animal Breeding, the share of purebred sows reached 3.5% out of the overall number of sows at the country’s farms back in 2013. This corresponded. Read more...
Russia poised to lift Turkey food ban Russia may lift its food embargo on Turkey, due to be in place until the end of 2016, according to the Russian Minister of. Read more...
Brazil will continue to challenge the US for the position of being the world’s biggest meat producer and exporter over the next decade,. Read more...
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