Swine news - Economy

Average soybean yield is estimated at 4.12 t/ha vs. 1.33 last year. The new production estimate is 1.5 Mt higher than the 18.7 Mt forecast for the region under normal weather conditions.

The positive results for this period are due to the growth in shipments to most of the main buyers, especially the Philippines, Chile, and Japan.

Following the detection of the African swine fever virus in imported foodstuffs, the Ministry of Health has urgently reinforced all controls.

The new animal welfare label "Better for animals" is awarded to products that make extra efforts for animal welfare beyond the legal requirements.

The European Commission has decided to register the European citizens' initiative entitled "European Citizens' Initiative in Defence of Agriculture and Rural Economy in Europe".

In 2023, China imported a total of 2.72 million tons of pork and offal, a 5% decrease from the previous year and half the imports from 3 years ago.

Crop production reached a value of 37.3 billion euros (+1.4%), while livestock production was estimated at 35.3 billion euros (-0.8%).

If the weather holds, a record corn season is expected, with the potential for record third-quarter exports.

This is how many pigs were sold, how much pork was produced, and how many pigs were in China in 2023.

Clean pig kill in 2023 fell 10% year on year to the lowest annual clean pig kill in a decade.

In December, the increase in production costs was influenced by the cost of animal feed, which rose by 1.61% and accounted for 74.83% of the total.

Santa Catarina was responsible for 21% of the total meat exported by Brazil in 2023, a higher percentage than in the previous year.

Compared to the December report, estimates for world corn production were improved, with higher crops forecast for the United States, China, and Brazil. Soybean projections for Brazil were cut again and forecasts for Argentina and the United States increased, keeping the global crop estimate for oilseeds unchanged.

In its latest report "Livestock and Poultry: World Markets and Trade" on January 12, USDA recalculated the closing figures for 2023 and its estimates for 2024, forecasting a decrease in world pork production this year, due to lower productions in China, the European Union, and Brazil.

The Mexico-U.S. Commission for Prevention of Foot and Mouth Disease and Other Animal Exotic Diseases (CPA) reaffirmed its commitment to maintain its technical-scientific partnership to reduce the risk of entry and spread of pests and diseases that could endanger livestock in the North American region.

Russia has obtained a veterinary certificate for the export of pork to China.

The pig inventory increased for the first time since November 2020. On November 3, 2023, there were 1.3% more head than six months earlier.

Shipments to China totaled just 1,749 t in the January-November period.

The total volume of pigs exported in 2023 will reach 12,276 tons. Vietnam's total pork export turnover increased 28% compared to 2022.

After five years, the Chinese market opens again for Belgian pork.

Spanish imports of Dutch piglets have been increasing steadily, having doubled in five years.

Mexico has granted market access to British pork offal, which could generate an estimated £18 million over the next five years.

Fueled by record performances in Mexico, Central America, and Colombia, November exports of U.S. pork reached the highest value since mid-2021, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF).

Pig farming accounts for over 62% of the total meat output of domestically produced livestock in the country.