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China’s hog slaughter in 2021 is forecast to reach nearly 600 million head. Production has been spurred by larger companies centralizing production, modernizing facilities, and implementing biosecurity measures. However, animal diseases and low sow productivity rates will create issues for China’s hog herd with the potential to undermine expansion.
Pork production in 2021 is forecast to increase by 14% following record low rates in 2020 as expansions by large companies over the last two years come into use. However, even with expansion in 2021, pork production will remain below pre-ASF levels keeping domestic prices relatively strong.
Competitively priced imported pork and pork products will continue to be an important component of the domestic pork supply. Pork imports in 2021 are forecast to reach 4.5 million metric tons as consumers are increasingly receptive to chilled or frozen pork. This represents a 15% decline from 2020, but is still relatively high.
March 8, 2021/ USDA/ United States.
https://apps.fas.usda.gov/
