Swine news - Economy

On April 8, the U.S. Department of Agriculture (USDA) released its new monthly supply and demand reports for grains and oilseeds, in which significant cuts were again made for soybean crops in South America, while for corn the figures were presented without major changes.

As a result of the severe drought that affected South American soybean crops, the region is expected to reduce its share of the international markets for the oilseed and its derivatives.

China's populations of live pigs and breeding sows increased steadily during the first quarter of the year.

As China imports less pork this year, where will the EU, US, Canada, and Brazil export their product?

The USDA has lowered its forecast for U.S. pork production as lower hog inventories and farrowing intentions lead to tighter pig supplies.

According to Rabobank's Global Pork Quarterly report, producers’ returns will be challenged by rising costs, and production growth is expected to slow, as is global trade.

The Ministers of Agriculture have agreed that the federal states not affected by African swine fever should share the costs of measures to combat it with the states of Brandenburg, Mecklenburg-Western Pomerania, and Saxony.

The final results of the swine census published by Destatis as of November 3, 2021 show that the drop in pig inventory is somewhat less than expected based on the preliminary results reported in December.

To fully meet the needs of Russian farmers and companies, the Russian government is extending the ban on the export of ammonium nitrate.

Pork exports trended lower year-over-year in February, as larger shipments to Mexico and Japan did not offset the continued decline in demand from China/Hong Kong.

The European Commission's short-term outlook report presents the latest trends and prospects for a range of agri-food sectors including oilseeds and cereal.

In March, pig meat prices registered the steepest monthly increase on record since 1995.

Greater Rosario is expected to receive 31.2 million tons of domestic soybeans in the 2021/22 marketing year.

The Ministry of Agriculture has proposed introducing non-tariff quotas on the export of sunflower oil and meal from April 15 to August 31, 2022.

The Canadian swine sector will see slaughter levels recover somewhat in 2022 however disease impacts will see a slightly smaller pig crop in 2022 amidst higher losses.

A comprehensive set of measures are now being implemented to ease the impact of the current Russia-Ukraine crisis on the Philippine economy.

High costs and lasting effects of ASF are expected to push EU pigmeat production downwards in 2022. EU exports should also decrease due to ASF issues in spite of recovering exports to the UK.

In 2021, Russian exports of agricultural products totaled $37.1 billion. This is 21% more than in 2020.

United States producers intend to plant a record-high number of acres of soybeans in 2022.

China's pork production is expected to increase 5% and imports to decline.

In the first days of operation, private storage aid has been requested for a total of 12,356 tons of pork.

U.S. hog inventory is down 2% from March 2021 and down 3% from December 1, 2021.

In 2021, per capita pork consumption decreased by 1.2 kilograms compared to the previous year.

The National Pork Producers Council argues that Proposition 12 violates the U.S. Constitution’s Commerce Clause.