Swine news - Economy

Following the expiration of restrictive measures on Ukrainian exports to the EU of cereals and other food products, Ukraine agrees to introduce measures to prevent a new spike in imports to the EU.

Contrary to the expected cut in the world corn crop, given the adverse effects of the El Niño phenomenon in the United States, the estimate was slightly higher compared to the August report. As for soybeans, the total projection was again reduced due to the lower production expected in the United States.

Improved profitability is expected to support a temporary rebound of slaughter during the second half of this year. With the absence of a full recovery of pork sales to China, the sector is attempting to diversify exports and resetting its focus on the domestic market.

Nine regions saw increased hog production during the quarter.

Corn and soybean production is expected to be around 103.8 million tons.

Sanitary agencies, academia, and the production sector of both countries are working to provide greater guarantees of food safety to their consumers by training producers and marketers of fresh foods in good agricultural practices and the standardization of laboratory techniques.

In the first half of 2023, pig slaughter in Portugal decreased by 6.1%.

In addition to the United States, Chile and Brazil stand out among the main suppliers with a share of more than 15% of the total.

From January to August, soybean contracts and final sales fell 44% with respect to the previous year and 50% less with respect to the average from the last six years.

The import of pigs for slaughter increased by 18.5% in the first half of 2023 compared to the same period in 2022.

Harvest reached 322.8 million tons. The result reflects both a larger planted area and a better average yield.

This result breaks the positive annual trend in Brazilian pork slaughter that had been occurring since the second quarter of 2014.

Pork from Acre has secured another important international market.

Reduced production, higher pig prices, and lower consumer demand has led to a challenging trading marketplace for pig meat in the UK.

Building on a robust first-half performance, July exports of U.S. pork continued to outpace year-ago levels, according to data released by USDA and compiled by USMEF.

Reductions are driven by lower pork exports to non-EU markets, mainly to China, continued high input costs, and imposition of new EU regulations.

Australian authorities officially opened their market to raw French pork.

Within the animal protein category, spending on pork grew the second most between 2020 and 2022.

From January to June, Paraná recorded the highest number of pigs slaughtered in six months, with 5.9 million head.

If the drought continues in the coming months, the impact – including shipment delays and rising costs – would be felt most acutely by agricultural exports transiting from the US (grains and oilseeds).

The FAO meat price index for all meat types fell in August.

Maize prices hit their lowest value since September 2020.

The suspension is to prevent pigs raised in Japan from being infected with African swine fever virus.

Contrary to the sustained increase that characterized the first quarter, April and May saw decreases in the volume of pork imports.