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The price of piglets continues to drop for the ninth consecutive week in a market with a high influx of external supply and lack of demand in both the national and European markets, reaching its lowest level so far this year. The national supply is not high, but sufficient for current demand, with an empty stalls cycle slowing down with the arrival of high temperatures, according to sources from the Ebro Market. In contrast, prices for white-coated pork carcasses continued their upward trend due to the fall in weights caused by high temperatures. Supply is starting to decrease while demand remains constant. Weights continue to drop and animal supply is falling with the arrival of heat in farms, but meat demand in Europe is not taking off and is preventing further increases, according to sources from the Ebro Market. Divergences in European Markets The Breton Pork Market noted an increase of 0.017 euros last Thursday, June 19, and stood at 1.841 euros. As in the previous week, ...

Internally, problems with the purchasing power of society are causing a decline in demand for beef

On March 16, the Korea Agro-Fisheries & Food Trade Corporation, Nonghyup Economic Holdings, and the Nonghyup Hanwoo Export Cooperative Council formed the 'UAE Nonghyup Hanwoo Export Pioneer Group' and began export efforts on-site in the UAE, following a business agreement for Hanwoo beef exports to the United Arab Emirates (UAE) in March. The photo shows Hong Mun-pyo, aT Corporation President, Ahn Byung-woo, Livestock Economic Representative Director, and export-related cooperative leaders attending the 'Halal Hanwoo Launch Show'. [Lee Jin-woo, Reporter, leejw@agrinet.co.kr]