Swine news - Economy

The retail price of lean pork has entered an alert zone of excessive rising, according to the National Development and Reform Commission.

The Singapore Food Agency (SFA) gave the green light for Colombia to export its pork and pork products.

It is a small energy-specific aid package and will complete the first package that began to be paid last week.

Compared to the August reports, USDA's global estimates for corn and soybeans are lower in terms of production, international trade, and ending stocks. In that sense, considerable cuts were made for U.S., European Union, and Ukrainian grain production. Meanwhile, for oilseeds, a decrease in the U.S. crop is projected.

More pork from government reserves will be released to maintain supply and price stability.

It is estimated that the production of beef, pork, and poultry carcasses will grow 3.1% at the end of this year. Wholesale and consumer pork prices confirm its competitiveness compared to other animal proteins.

Feed manufacturers fear they will not be able to meet farmers' demand if this scenario continues.

After seven successive quarters of negative margins, the English pig breeding herd has been reduced greatly.

High production costs have led many farmers to close their farms and as a result, Danish Crown has had to slaughter fewer hogs.

EU must strengthen food security, improve sustainability of agriculture and promote the use of modern techniques in agriculture

Spring crops suffered from drought and high temperatures. As a result, yields have fallen sharply, especially for non-irrigated corn.

Although the growth rate of pork production is very similar to that of beef and only half that of poultry, pork remains the most competitive in terms of consumer prices.

This will be the second batch of pork released from the country's central reserves this year.

Pork exports remained below last year’s pace but continued to gain strength in Colombia and the Caribbean and stayed above year-ago for Mexico, the leading destination for U.S. pork.

In the 2021/22 harvest, Brazil produced an estimated 271.2 million tons of grain, an increase of almost 14.5 million tons.

Argentina succeeded in opening the Singapore market to pork and pork products, authorizing 3 meat packing plants.

The Dominican Republic, Costa Rica, Guatemala, and Panama account for more than 80% of the region's breeding sows.

In 2021, pork exports increased 66% in value and 54.4% in volume compared to 2017.

Official closing data for Brazil, Mexico, Chile, Colombia, and Argentina show a general increase in apparent consumption and a fall in exports.

In the last few weeks there has been a significant decrease in the import of both piglets and pigs from the Netherlands.

Between January and June, Spanish pork exports decreased 24%, with a 50% drop in exports destined for China.

According to the USDA, moderate growth is projected for the region's production, and exports from Brazil, Mexico and Chile will fall. Significant growth is expected in imports from Mexico and Argentina.

Pig slaughter and pork production continue to increase despite the drop in exports. Domestic demand remains strong and is reflected in the considerable increase in apparent consumption.

Hog slaughter increased 6.6% year-on-year and 2.6% compared to the previous quarter.