Swine news - Economy

Animal protein production will keep growing in 2024, but at a slower pace, as margins remain tight.

The FAO’s Statistical Yearbook offers insights into global trends in meat production.

The country will launch the third batch of central pork reserve purchasing and storage work within the year.

African swine fever (ASF) spread from Europe to China in 2018—one of the largest animal disease incidents ever. The outbreak reduced China’s pork supply, and Chinese pork prices more than doubled to reach record levels.

Export values decreased for pigmeat as exported volumes declined by 18%.

Philippines pork imports are down this year.

Applications are now open for the second round of the Slurry Infrastructure Grant, with double the funding on offer compared with the first round.

Oilseed crushing in China was a record in the 2022/23 marketing year at 133 Mt. Added to this is a large recovery in oil imports of up to 12.69 Mt and continued growth in meal demand.

In the first nine months of 2023, the total number of pigs slaughtered in Portugal fell by 4.5% (-133,474 head).

Compared to the October report, estimates for global corn production and exports were upgraded, with a larger U.S. crop expected. As for soybeans, a slight increase was projected for global production and a decrease in ending stocks.

United Kingdom pig producers can now become accredited to export to California under the US state's new Proposition 12 regulations.

Foreign sales turnover increased by 32.9% in the first nine months of 2023.

The rains have helped restore soil moisture in preparation for the new soybean season, which is progressing steadily toward April of next year.

The European Commission will allocate €185.9 million in 2024 to fund promotion activities for sustainable and high-quality EU agri-food products at home and abroad.

Several key growing regions appear to be turning a corner in terms of productivity.

Shipments of Russian pork to the Chinese market may begin by the middle of next year.

Pig slaughter is up 0.5% year-on-year and up 3.7% from the previous quarter.

The European Commission gave its final approval for the second call for the voluntary closure of pig farms.

Historic drought impacts soybean production, crushing reaches 18-year lows, leaving Argentina dependent on imports.

Widespread drought and heat stress impacted overall cereal production levels.

The price of pork in China saw month-on-month and year-on-year decreases in October.

September exports of U.S. pork were down slightly from a year ago but maintained a robust pace, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF).

The InterPIG network has released data on production costs, sow productivity, and feed conversion from 17 countries.

UK pork production continues to be impacted by the market conditions of the past two years as domestic supplies remain tight.