China: Excess pork production has lowered prices
Between April and June 2021 excess pork production in China has lowered pork prices, caused small and medium producers to liquidate farm inventories, and limited piglet restocking.
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Between April and June 2021 excess pork production in China has lowered pork prices, caused small and medium producers to liquidate farm inventories, and limited piglet restocking.
EU pigmeat production is expected to continue increasing in 2021, as additional production in some EU countries more than compensated for the decrease due to ASF in Germany.
The volume of pork on the Chinese market has continued to increase recently. In May, the slaughter volume increased 44% year-on-year.
For the first time in 20 years, Spanish prices fell in June. We are in an extremely exceptional situation that must be corrected as soon as possible.
A third-level warning for an excessive slump in hog prices alerted pig farmers to adjust their plans to stabilize supplies.
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.
While European prices are forecast to be lower than in the previous two years, 333 users in the Americas are forecasting higher prices. China's forecasts remain between 2019 and 2020 levels.
Just how much was Philippine pork production affected by African swine fever in 2020?
Poultry and pig meat quotations increased, underpinned by a fast pace of imports by Asian countries.
Live pig production recovers steadily, pork prices fall for 7 consecutive weeks.
An overview of Russia's current pig prices, the impact ASF has had, and the future potential of the country's swine industry.
The price of pork continues to rise and Burset makes a prediction for June. It all seems to be good news for producers and slaughterhouses but the processing industry is in for a storm.
Effective March 15, Danish Crown will eliminate the quotas for hog deliveries which were introduced in November 2020.
It seems that the deficit in China will last all year and the flow of exports from Spain to this large Asian country will not let up...
IFIP predicts a marked decline in pig production in northern Europe, while Spain will continue to grow. In the eastern countries, Romania stands out, where there are companies investing.
Live pig production in China has continued to recover, resulting in lower prices.