World Pork Report: China Production, Consumption Up, Exports Cut

Production is now forecast up 2 percent from last year, as expansion in China (nearly 50 percent of world production) overshadows lower production for most other major producers. Global pork imports are now forecast to drop 13 percent from last year, with lower imports expected for 8 of the top 10 importing countries. Pork exports are now cut by 12 percent from last year with global economic weakness, the credit crunch, and trade restrictive policies.