FAO sees global meat production up and trade stagnant in 2021
World meat output is forecast to expand despite the many challenges facing meat value chains while global meat trade is seen heading towards a stagnation.
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World meat output is forecast to expand despite the many challenges facing meat value chains while global meat trade is seen heading towards a stagnation.
Following a record-breaking March performance, exports of U.S. pork continued to build momentum in April, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF).
These are amongst the main findings published by the European Commission in the monthly trade report for January-February 2021.
In the first quarter of 2021, exports of live pigs and pork from Portugal increased by 20.1% and 39.3%, respectively, compared to the same period in 2020, with Spain as the virtually exclusive destination.
The sharp decline in exports of live pigs to Germany is increasing slaughter in Dutch slaughterhouses.
The pig price in Spain is the most expensive in Europe and Burset predicts that it is very close to the upper limit. China is decreasing imports, buying at cheaper prices, and therefore, is absent in the Spanish market.
EU exports continue to grow, with increases in practically all destinations. Increased exports to the Philippines stand out.
Trade is concentrated in Asia, which accounts for 78% of these traded volumes, and particularly in China.
Export revenue rose 14% to $207 million, of which pork accounted for 45%.
Between January and February, Spain exported 42% of the value of exports to the Philippines for all of 2020.
The main pork market indicators show strong performance compared to the same quarter last year.
Lack of export opportunities to third countries causes Danish Crown to halve production at a deboning plant in Germany.
The value of exports to China rosen, driven by growing demand for pig meat and coarse grains, as well as rapeseed and sunflower oils.
U.S. pork exports in March posted the highest monthly value on record and set new volume records.
Dutch exports of finishing pigs have decreased by almost 45% due to a significant decrease in shipments to Germany, the leading destination.
Pig market: Unbridled in Spain, unsettled in Europe, and with question marks in China. Pork market: rock bottom in Europe.