Swine news - Economy

Exports of U.S. pork trended lower in May, due primarily to steep declines in shipments to China, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF).

Global maize, sorghum, and barley prices fell month-on-month in June, while wheat prices increased.

The increase was driven by higher prices across all meat categories, except poultry.

Approval of these additional 23 pork processing plants opens further trade opportunities for certain types of U.S. pork products.

Shipments to China increased by 10%, while exports to other destinations such as Japan and the United Kingdom decreased.

Due in part to a sharp decline in shipments to China, April exports of U.S. pork trended lower than a year ago, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF).

The anti-dumping investigation on imports of pork and pork by-products originating from the European Union has been extended.

Global maize, sorghum, barley, and wheat prices declined while rice prices increased.

The increase was driven by higher international prices for bovine, ovine, and pig meats, which more than offset a decline in poultry meat quotations.

The production, sale, promotion, and distribution of laboratory-grown or cultivated meat is now prohibited in the state of Nebraska.

The new Fair Dealing Obligations (Pigs) Regulations have been signed into law with the intention of ensuring greater fairness and transparency across the pig supply chain.

The manufacturing and sale of lab-grown meat in Montana has been banned.

The state of Indiana establishes a two-year moratorium on the sale of cultivated meat products.

The trade surplus narrowed to EUR 3 billion, reflecting increased import costs.

The severe shortage in swine production, combined with strong consumer demand, has made it increasingly difficult to keep pork prices down.

Farmers across the EU face heavy administrative obligations on top of their actual work. Dealing with them is time consuming and costly for farmers and national administrations alike.

EU pork exports stabilized in 2024 at 4.21 Mt, far from the 2020 record, marked by China's recovery and destination changes.

The U.S. will temporarily reduce tariffs on Chinese imports, with China agreeing to reduce retaliatory duties.

European Parliament stands firm against single fund proposal and calls for increased CAP budget.

Exports of U.S. pork trended higher year-over-year in March, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). Latin American markets again fueled pork export growth.

International meat quotations rose across all categories, with pig meat prices registering the most significant increase.

In its most recent report, “Livestock and Poultry: World Markets and Trade,” published on April 10, the USDA projects slight growth in world pork production in 2025, accompanied by a slight drop in global exports, despite the expected significant increase in shipments from Brazil.