Swine news - Economy

USDA projections for global pork production through 2031.

High feed grain prices are expected to impact slaughter numbers and pork production in the latter part of 2023.

New report outlines recent trends in United States meat consumption.

China's decision to end its zero-COVID policy restrictions is expected to improve demand for pork products in 2023. Pork production and imports are forecast to grow in 2023.

Over the course of 2023, pork production, exports, and consumption are expected to decrease while imports increase.

EU pork exports fell by 15% in 2022, largely due to a 40% decrease in exports to China, the leading destination.

The 1.4% decrease in the number of pigs slaughtered and the 2.3% decrease in pork production volume reflected the evolution of the pig invenotry.

Brazil has harvested only 23% of the 152.88 million tons forecast for the 2022/23 season.

A globally recognized event, Outlook Forum 2023 highlights shipments of corn, soybeans, and meat for the next decade.

The FAO Meat Price Index for pig meat increased in February.

The FAO Cereal Price Index was down fractionally from January and 1.4% above its level one year ago.

Last year, Mexico's global agri-food trade totaled 94.459 billion dollars, 53% of which corresponded to the country's sales to its trading partners, according to the Ministry of Agriculture and Rural Development.

The regional results are compiled from Brazil, Mexico, Argentina, Chile, and Colombia, which together account for 90% of Latin America's swine production.

As of December 1, 2022, Austria's pig inventory was 2.65 million head.

The increase in pork production strengthened domestic supply and is reportedly responding to the increase in demand, with per capita consumption around 20 kg/inhabitant.

The number of pigs slaughtered in Belgium fell by almost 10% in 2022, to a level not seen in 30 years.

In 2022, France's pork exports decreased in volume and imports increased.

The commercialization is now for raw pork, whole or in pieces, and there is no restriction in its direct trade.

Once again, the production estimate for Argentina's crops was reduced as a result of the adverse weather conditions that have accompanied the development of the crops in this new season.

Robust supply and demand favored by competitive consumer prices positioned per capita pork consumption at 13 kg/inhabitant in 2022.

It should be noted that this news indicates progress in the admissibility process for the export of beef and pork to China; exports have not yet been authorized.

Mexico's agri-food trade balance with the United States saw a surplus of US$15.266 billion dollars, the highest in five years, according to the Ministry of Agriculture and Rural Development.

In the fourth quarter of 2022, Brazilian pig slaughter increased 2.7% compared to the same period of the previous year.

The figures for 2022 indicate strong domestic demand for pork, which boosted domestic production, imports, and consumption.