Swine news - Economy

In 2019, slaughter volume increased slightly, due to heavier pigs, under favorable economic conditions and very attractive prices for pork production.

The European Commission has called for proposals for campaigns promoting agri-food products in the European Union.

Foreign sales of pork grew 33%.

Created by the Commission, the online database "eAmbroasia" consolidates all the terms protected by geographical indications (PDO, PGI) and by the Traditional Specialties Guaranteed (TSG) label.

The number of hog farms has declined by more than one third from 2010 to 2019. Small farms are disappearing.

Rising disease pressures continue to challenge the global market and will remain the major change driver in global animal protein in 2020, according to Rabobank’s latest Pork Quarterly titled ‘Opportunities Are Emerging from Risks.’

ASF greatly affected global pork output and export last year. Global pork output was down 8.5% from 2018. Increased output expected in the Americas. China's pork import up 35%.

EU-Vietnam free trade agreement will gradually eliminate almost all tariffs. The full Parliament is set to cast its final vote in February.

ASF has led to a significant decline in Chinese pork production over the past year.

Estimates for the supply and demand of feed, soybeans, and vegetable oils in light of the Spring Festival holiday.

EU agri-food exports are booming, driven by rising pork exports.

From January to October 2019, 12,411,000 head of cattle, pigs, sheep, goats and horses were slaughtered in a total of 471 processing plants in 30 states, 140 of which export meat to 65 countries.

Colombian pork production increased by more than 10% during the first 11 months of 2019.

Livestock contributes to more than 40% of the value of the country's agrifood production and helps make Mexico the seventh largest producer of animal protein in the world.

U.S. pork exports posted the best month on record in November, easily reaching new highs in both volume and value, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF).

Pork supply and demand is expected to be balanced for the upcoming Spring Festival with heavier pig herds, more pork reserves released and expanded pork imports.

Effective April 1, 2020, Japan will no longer apply the pork safeguard to imported products from member countries of the World Trade Organization as virtually all imports of pork are now covered by trade agreements with separate safeguard mechanisms.

Brazilian pork sales (considering all fresh and processed products) reached record volumes in 2019, according to statistics published by the Brazilian Association of Animal Proteins (ABPA).

In 2019 FAO Meat Price Index averaged 175.8 points. Pig meat prices registered the biggest year-on-year increase.

High prices, low pig census, and low slaughter mean that even with increased demand for pork with the new year celebration, consumption is still expected to be down.

The measure published in the official bulletin under directorial resolution (RD) No. 0051-2019 aims to maintain the country's health status.

A decline in Hong Kong’s fresh pork supply due to African swine fever (ASF) is creating both short-term and long-term opportunities for U.S. pork.