Swine news - Economy

U.S. pork exports closed the first half of the year on a strong note, according to data released by USDA and compiled by the U.S. Meat Export Federation.

USDA predicts that pork production in China will decrease in 2022 due to low inventories and a smaller sow herd.

According to Rabobank's quarterly report, redistribution of pork trade could place downward pressure on pork prices in exporting regions.

A report on the implementation and impact of mandatory indication of the country of origin for certain meats has been published.

The number of organic pigs increased by 36% between 2010 and 2020 and represents just under 1% of the total pig inventory.

Since last May, Chinese imports of pork and offal have been below the values of the same month of the previous year.

The export value of pig meat in the first four months of 2021 was up 10% from last year.

According to Copa-Cogeca, after the complicated situations experienced in 2020 across Europe, a more optimistic 2021 harvest is expected in the EU, with a total of 292.45 and 30 million tons of cereals and oilseeds, respectively.

According to the Chinese government, the breeding sows in the country are at 102% of the levels they were at the end of 2017.

The country's pork production is up 36% in the first half of 2021.

USDA announces $500 million for expanded meat and poultry processing capacity as part of efforts to increase competition.

The ‘EU farm economics overview’ report provides an overview of key economic developments in European agricultural holdings up to 2018.

Fueled by impressive growth in a wide range of destinations, U.S. pork export values shattered previous records in May, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF).

The OECD-FAO Agricultural Outlook for 2021-2030 provides insight on global pigmeat production, and consumption for the next ten years.

In June, price quotations for all meats represented index rose, according to the FAO Meat Price Index.

Since Colombia has recovered its FMD-free status with vaccination, Peru has lifted restrictions on pork.

The OECD-FAO Agricultural Outlook provides projections for world oilseed and cereal markets for the period 2021-2030.

According to the Federal Statistical Office (Destatis), the number of pig farms has decreased by 47% in the last ten years.

EU pigmeat production is expected to continue increasing in 2021, as additional production in some EU countries more than compensated for the decrease due to ASF in Germany.

Between April and June 2021 excess pork production in China has lowered pork prices, caused small and medium producers to liquidate farm inventories, and limited piglet restocking.

From January to May of this year, pork imports have increased by 65%.

As of May 3, 2021, the number of pigs in Germany stood at 24.6 million head.