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As expected, the German farmers last week did -8 cents, on the other hand, this week, they kept firm with no further reduction by doing zero
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The -8 was simply to give something back to the slaughterhouses as from the beginning of the year the farming industry is the only one gaining
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Animal welfare and environmental conditions remain to be the “Hot Topic” in both Germany and the Netherlands. The Dutch parliament conducted this year a national meat survey to evaluate the meat consumption habits of the Dutch people, more than two thousand Dutch citizens were questioned about their perception of the meat industry. 69% of them confirmed that the country needs a strong meat sector as much of the Dutch population consumes meat. Only 5% responded that they do not eat meat. And yet again with this high percentage of meat consumption in Netherlands, the politician still wish to shrink the Hog population.
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Brazil, in the past when we said Brazil first thing that came to our minds are the Football stars, we spoke about Romario, Ronaldo, Ronaldinho, Neymar and many more, now I can say that the next star will be the Brazilian pork meat industry, I mean the numbers are simply “wow” as only from Santa Catarina region, 55.3% of the volume and 57% of the revenue are the pork meat exports from January until September 2024.
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Most of the main destinations recorded an increase in exports this year compared to the same period in 2023, with the Philippines (up 52.1% in volume and 38.9% in revenue), Japan (125.2% and 120.2%), and Mexico (83.1% and 70.2%) standing out. Two other important buyers, however, saw negative variations in the period: China (-39.2% in volume and -49.0% in revenue) and Chile (-13.2% and -17.3%).
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The Philippines consolidated its position as the main pork buyer from Santa Catarina this year, accounting for 24.3% of the revenue generated, while China, in second place, accounted for 18.7%, and Japan 17.8%.
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Finally EU has finalized its decision about the Chinese E.V. taxation which you will read more in the below weekly pig industry review.
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Highlights
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EU decides to impose final five-year
anti-subsidy duties on Chinese electric vehicles
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According to CCTV News, on October 29th local time, the European Commission announced that it had ended its anti-subsidy investigation and decided to impose a final anti-subsidy tax on electric vehicles (BEVs) imported from China for a period of five years
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Global swine production: First USDA
estimates for 2025
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Decreased production and apparent consumption are expected, as well as greater dynamism in the international pork trade.
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Belgium: 175 pig farms have closed as part of buy-out scheme
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So far, 175 pig farms have been bought out with the voluntary exit scheme created by the Flemish government.
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Pig Prices
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