Page 6 of articles about market prices

This month’s increase was led by a 5.3% increase in international coarse grain prices.

International pig meat prices fell, underpinned by weak import demand from leading importing countries and ample global export availabilities.

Improved profitability is expected to support a temporary rebound of slaughter during the second half of this year. With the absence of a full recovery of pork sales to China, the sector is attempting to diversify exports and resetting its focus on the domestic market.

The import of pigs for slaughter increased by 18.5% in the first half of 2023 compared to the same period in 2022.

Reductions are driven by lower pork exports to non-EU markets, mainly to China, continued high input costs, and imposition of new EU regulations.

Maize prices hit their lowest value since September 2020.

High carcass prices and strong domestic retail demand will drive greater pork production. Recently lowered tariffs further incentivize imports of certain prepared pork products.

This is how Japan's swine inventory, pork sales, and pork imports have gone so far in 2023.

On August 14, 2023, the signing ceremony to build a pork trading floor in Ho Chi Minh City took place between the Commodity Exchange of Vietnam (MXV), the Department of Industry and Trade, and the Department of Agriculture and Rural Development of the city.

Low numbers of slaughtered pigs on the EU market continue supporting high pig prices while EU demand stays high.

International maize prices saw a fifth consecutive monthly decline.

While the FAO meat price index remained unchanged from May, world pig meat prices increased in June.

Global pig meat production is expected to drop slightly.