Swine news - Economy

The United Kingdom imports 60% of its pig meat. This has implications for both how the market responds to coronavirus related national lockdowns and the upcoming end of the Brexit transition period.

An expected drop in pig meat production, mostly in Asia due to ASF, is responsible for much of the foreseen 0.5% downturn in global meat production in 2020.

China has stopped imports from Danish Crown's slaughterhouses in Sæby and Horsens.

Pork prices fell due to the drop in prices of German products.

The total amount of pork imported during the first 9 months of this year has reached 3,280,000 t.

The agency will support the competitiveness and sustainability of the pork sector by enabling the development and implementation of promotional and research activities.

Through the first three quarters of the year, United States pork exports were 16% ahead of last year’s record pace in both volume and value according to USMEF.

Tariffs on pork will be cut from 12.5% to 0%.

As Canada's plant-based food industry grows, the Government is working to provide greater clarity on the regulations that apply to meat and plant-based substitutes.

Portugal continues to expand its swine sector driven by increasing foreign demand, mainly from Asia. Portuguese live swine exports to Spain have boomed due to tight Spanish hog supplies.

Following Belgium's self-declared "ASF free" status, the Philippines has lifted the temporary ban on the import of domestic pigs, pork, and semen originating from Belgium.

Pork production so far this year continues to increase, according to the latest report by the Office of Agrarian Studies and Policies (Odepa).

Between January and September 2020, the country's pig slaughter has increased by 2.4% compared to the same period last year.

The Philippine Department of Agriculture is looking into the reasons for a rising pork price despite an increased frozen pork supply.

Tariffs on pork to be gradually reduced to 0%.

China has purchased over $23 billion in agricultural products, approximately 71% of its target under the Phase One Agreement.

Members of the European Parliament rejected all proposals to reserve meat-related names for products containing meat.

The live pig census has been restored to 84% compared to 2017 levels, and pork prices are falling.