Spain’s exports grew 23% in 2022 to a record $416.50 billion, though the increase did not prevent the trade deficit from doubling to 68 billion euros because of a rise of prices and volumes of energy imports.
Hong Kong reported an outbreak of African swine fever on a farm near the border with mainland China, the World Organisation for Animal Health (WOAH) said on Monday.
The expectation of large Brazilian corn exports to China in 2023 is worrying Brazil’s meat companies in a large producing state, according to a statement from Santa Catarina’s meat processors lobby Sindicarne on Monday.
China’s consumption of pork remains subdued and normalization could take up to six months, said Danish Crown’s CEO, who also said they’d lay off 550 staff in Denmark and Germany and cut capacity at its Essen plant.
China’s pork output in 2022 increased by 4.6% from 2021 to reach its highest since 2014, official data showed on Tuesday, confounding some expectations for a smaller rise.
The Biden administration is awarding an additional $9.6 million in grants and loans to expand meat processing across the country, it announced on Thursday as the government tries to diversify the industry.
French company Ynsect has signed deals to build insect ingredient production sites in the U.S. and in Mexico as the firm kicks off what it says will be the world’s largest insect farm.
China’s most active live hog futures contract fell more than 3% on Wednesday, the biggest decline since July, as spot prices came under pressure from weak consumption and heavy slaughter volumes.
