Swine news - Economy

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.

Robust pork demand in Central America and Mexico was offset by a slowdown in Japan and Korea.

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

Pig meat quotations rose in the European Union after Germany regained foot-and-mouth-disease-free status.

The 2025 Power of Meat study looks into meat and poultry consumption trends in 2024, as well as the behaviors, perceptions, and purchasing patterns of meat shoppers.

The sow and market hog inventories were down in March, but there was an increase in the number of piglets weaned per litter.

Mississippi prohibits the sale of food products produced from cultured animal cells.

Import ban amended following outbreak of foot and mouth disease in Germany.

125 organisations call on the European Commission for a science-based food strategy that values livestock farming across the EU.

EU agriculture ministers emphasize the need for a strong CAP, fair farmer incomes, and sustainable innovation to secure the future of the agrifood sector.

Canada is strengthening its AgriStability program in response to China's tariffs on Canadian agricultural and food products.

Australian pork production, consumption, and trade expectations for 2025.

China’s Ministry of Agriculture and Rural Affairs announced an updated Feed Ingredients Catalog.

China renewed or extended the facility registrations by five years for 365 U.S. pork establishments.

These reforms will strengthen U.S. food production, reduce costs for producers, and support a more resilient supply chain.

Pork imports are expected to be similar in 2025 while marginal growth is expected in pork exports.

Wheat, maize, barley, and sorghum export prices increased while the FAO All Rice Price Index declined.

Pig meat prices softened, pressured by lower quotations in the European Union.