Swine news - Economy

Here's how commodity production evolved in China in 2022.

China produced 55.41 million tons of pork in 2022.

Last year, Spain doubled its imports of slaughter pigs and again increased its imports of piglets from the Netherlands.

After years of decreasing exports of live pigs, exports increased in 2022, especially to destinations such as Spain and Poland.

The first export of Argentine pork products to Singapore by sea has been certified after this market opened last August.

The country's pork production is forecast to reach 1 million MT in 2023 as commercial pork producers plan to raise larger pigs.

In Brazil, purchasing power tends to remain weak, which increases the domestic demand for pork.

In recent years we have seen a decrease in exports to Germany and an increase in piglets destined for Spain.

First estimates of agricultural price indices for 2022 indicate that they were substantially higher than 2021 for almost all the main product categories as well as for key agricultural inputs.

Pork availability on the domestic market has grown considerably, putting pressure on negotiated pig and pork prices.

Davao del Norte’s Island Garden City of Samal (IGACOS) is a recipient of PHP10 million worth of projects aimed at boosting its swine production.

The U.S. hog census continues its downward trend. However, breeding swine stocks are slightly higher compared to the previous quarter and December 2021 results.

Spanish pork production in the first nine months of 2022 was 1.78% below the same period of the previous year.

The average annual FAO Meat Price Index in 2022 as a whole was the highest in over thirty years.

Cereal prices were 18% higher on average in 2022, pushing the average annual FAO price index to a new record high.

In the second half of 2022, areas including the largest restrictions under Commission Implementing Regulation 2021/605 were significantly changed.

UK government has secured the removal of rules banning the export of certain pork products to South Korea.

The pig census has decreased by 5% to 5.8 million head compared to May 2022. There are also 350 fewer farms.

As a result of a coordinated effort between the National Institute for Drug and Food Surveillance (Invima) and the Colombian Agricultural Institute (ICA), three Colombian establishments will be able to export frozen pork and canned meatballs in sauce to Singapore.

By the end of 2022, Russian pork producers will export about 170 thousand tons of products.

Reduced pork import duties have been extended to address supply issues and temper inflation.

EU agri-food exports and imports are both on the rise in September 2022.