China's pork production and trade in 2024 - USDA forecast

In its latest “Livestock and Poultry: World Markets and Trade” report on July 12, the USDA updated its estimates for 2024, forecasting world pork production to be very similar to that in 2023. It also estimated a sharp drop in China's pork imports, which would return to levels before the ASF outbreaks in 2018 and lead major exporters to seek alternative markets.

Forecasts for global production and ending stocks are revised upward due to better prospects for the U.S. crop. Soybean estimates remained practically unchanged compared to the June report.

China's pork imports plummet as domestic prices fall and supply stabilizes.

Compared to the first quarter of 2023, Chinese pork imports have decreased by 53%.

Germany and China have signed two joint statements on the lifting of trade restrictions arising from bovine spongiform encephalopathy and on the export of apples.

What has the hog production situation been like recently in China? What measures have been taken to stabilize hog production?

In its latest report "Livestock and Poultry: World Markets and Trade" released on April 11, the USDA revised its estimates for 2024, forecasting a decrease in world pork production, which would be due to lower production in China, offset by increases expected in the United States, European Union, and Brazil.

According to the National Bureau of Statistics, Chinese pork production saw a slight decrease in the first quarter.

Per capita meat consumption fell below 52 kilograms in 2023.

This revision adjusted the national target number of reproductive sows from 41 million to 39 million.

Products produced after the registration date will be accepted for shipment.

After six years, a Belgian container full of pig heads, ears, and snouts left for China.

In 2023, China imported a total of 2.72 million tons of pork and offal, a 5% decrease from the previous year and half the imports from 3 years ago.

This is how many pigs were sold, how much pork was produced, and how many pigs were in China in 2023.

The Chinese government continues to implement plans to reduce and replace soybean meal in animal feeds.