articles about imports

The growth is driven by poultry and bovine demand. Pig meat output is expected to decline.

Between January and September of this year, Chinese imports of pork and offal have decreased by 21%.

In the first ten months of the year, China imported 89.936 million tons of soybeans.

The highest pork import volume since November 2022 was reached in September, while exports rebounded to 1,500 tons.

In the first eight months of 2024, soybean imports reached nearly 1.45 million tons, worth nearly 754.48 million USD, with an average price of 521.6 USD/ton.

Higher U.S. corn exports were estimated and Chinese corn imports were cut again. Soybean figures remained almost unchanged, reflecting a bumper crop and an increase in ending stocks.

The country's imported wheat volume reached nearly 3.71 million tons, an increase of 20.6%.

Corn imports in the first eight months of 2024 reached over 6.93 million tons, worth over 1.72 billion USD.

EU pigmeat production is recovering in some EU countries indicating a mixed trend for the sector. Lower demand from China could slow down EU exports in 2024 and 2025.

If current growth continues until the end of the year, imports could exceed 2 million piglets.

Affected Gulf and East Coast ports will be reopened while negotiations continue.

The East and Gulf Coast port strike has begun, threatening meat exports and feed ingredient imports.

The Canadian swine herd is forecast to remain relatively stable in 2025. Slaughter is forecast at one percent above 2024.

EU agri-food trade is proving to be strong as its surplus reached €33.7 billion between January and June 2024.

The mitigation measures will help to prevent the spread of ASF across the border, protecting the pig sector worth over £8 billion to the UK economy.