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Morning round-up, Wednesday October 02

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* South Korea has confirmed two new outbreaks of African swine fever near its border with North Korea, bringing the country’s total number of cases to 11.

 

South Korean authorities said that the country will be culling 17,126 pigs following the latest outbreaks, bringing the total to 115,000 animals since the disease was first reported on September 17.

 

 

 

* Fitch Solutions, according to a Dow Jones report, sees African swine fever defining global agribusiness trends well into 2020.

 

It added that the disease has caused China’s meat imports to rise as pork supplies in the country drop.

 

This, it believes, might make it more difficult for other countries to import meat as international prices increase.

 

 

 

* Honduras’s national coffee institute, IHCAFE said the country exported a total of 6.8m 60-kilogramme bags of coffee during the 2018-19 season, a drop of 5.5% compared to the previous season.

 

Exports for the period totaled $950m.

 

According to the country’s coffee exporters association, the decline was due to farmers, faced with global coffee prices falling below the cost of production, being unable to care for their crops properly.

 

 

 

* Brazilian meat processing giant BRF has admitted to bribing food inspectors with illegal payments amounting to $4.56m.

 

BRF, according to court documents, is cooperating with investigators in the latest phase of the country’s so-called Weak Flesh corruption probe.

 

 

 

* Ukraine’s agriculture ministry said on Tuesday that the country’s grain exports jumped by 49% in the first three months of the 2019-20 season (which started in July) compared to last season.

 

The country’s grain shipments for the period reached 13.59m tonnes, boosted by 8.63m tonnes of wheat.

 

Wheat exports were up 63% compared to last season.

 

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