China cuts its pork imports in half
Last year, Chinese pork imports decreased by 53%.
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Last year, Chinese pork imports decreased by 53%.
After years of decreasing exports of live pigs, exports increased in 2022, especially to destinations such as Spain and Poland.
Last year, Spain doubled its imports of slaughter pigs and again increased its imports of piglets from the Netherlands.
The country's pork production is forecast to reach 1 million MT in 2023 as commercial pork producers plan to raise larger pigs.
EU agri-food exports and imports are both on the rise in September 2022.
Reduced pork import duties have been extended to address supply issues and temper inflation.
It’s a global version of inventory management at the firm level where varying amounts of inventory for different goods are kept in storage because the relative cost of doing so is believed to be less than the cost of running out.
Belarus will allow, without preconditions, the transit of grain from Ukraine through its own territory.
This reduction in total pigmeat exports is driven by a nearly 45% anticipated decline in sales by China.
The increase in imports is due in part to a 4% decrease in production.
Hog slaughter in France has declined in the first nine months of 2022.
Pork exports declined while import volumes continue at record levels despite the 16.1% increase in price.
Chinese imports of pork and offal remain well below those of the same period of the previous year.
Compared to the September report, new cuts in U.S. production and export projections for corn and soybeans stand out, while for Latin America, increases are estimated for oilseeds in these two indicators.
Global pork production will increase in 2023, while exports will decline, according to the USDA.
During the year, there has been a steady increase in the volume of imports; however, in August the volume of imported product decreased considerably.