Japan: Pork production and trade forecasts for 2023
Japan’s pork production will grow in 2023, but imports will be soft as large 2022 ending stocks are drawn down.
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Japan’s pork production will grow in 2023, but imports will be soft as large 2022 ending stocks are drawn down.
In Argentina, on the other hand, new downward adjustments in estimates led to a reduction in world production.
Significant cuts were made to world corn export estimates compared to the February report, while global soybean production was again projected downward, largely due to losses and low yields in the Argentine crop.
Soybean harvest this season is forecast to be 20.6% higher than in the previous season, which indicates a recovery in the productivity of the crops that were affected by adverse weather conditions in 2021/22.
The aim of the free trade agreement will be to boost trade and investment.
The current "Black Sea Grain Initiative" agreement, which has allowed grain exports to date, expires on March 17.
U.S. pork exports maintained momentum in January, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF).
The European Commission has approved a €200 million Flemish scheme to compensate for the reduction or closure of pig production.
The key problem is that much of the profit reduction (lost opportunity) is caused by a subset (often relatively small) of the total barn population.
Monthly EU trade flows of agricultural and food products reached a new record value in November 2022.
USDA provides forecasts for pork production in the European Union in 2023.
High feed grain prices are expected to impact slaughter numbers and pork production in the latter part of 2023.
USDA projections for global pork production through 2031.
China's decision to end its zero-COVID policy restrictions is expected to improve demand for pork products in 2023. Pork production and imports are forecast to grow in 2023.
New report outlines recent trends in United States meat consumption.
EU pork exports fell by 15% in 2022, largely due to a 40% decrease in exports to China, the leading destination.