China’s live hog futures surged more than 7% on Monday to hit a one-month high, tracking spot prices and helped by government stockpiling and falling sow inventory.
When he was a child in Avila province, Albert Pascual’s father bought 100 pigs, but the company he now leads has more than 9,000, part of an expansion that’s put Spain on track to take over as EU’s top pork producer.
The U.S. Justice Department’s acting head of Antitrust Division says labor markets were a top priority for enforcement efforts, indicating a shift toward issues set by the White House’s executive order on competition.
Britain’s farming industry has warned that hundreds of thousands of pigs may have to be culled within weeks unless the government issues visas to allow more butchers into the country.
China’s huge livestock sector is facing a hike in feed costs as the country’s worst power outages in years forces soybean crushing plants to close, driving down supplies and sending prices higher.
Germany plans a wild boar-free zone along the Polish border to counter African swine fever and called on Poland to help more in countering the pig disease.
Britain’s meat processors will start running out of carbon dioxide (CO2) within five days, forcing them to halt production and impacting supplies to retailers, the industry’s lobby group warned on Monday.
U.S. President Joe Biden on Monday ordered his administration to find ways to ensure people are protected from extreme heat, including through work-related rules and other cooling efforts.
Germany needs to develop a new strategy for the pig farming industry to help farmers who are facing ruinously low prices, German agriculture minister Julia Kloeckner said.
