Belgium: Sharp decrease in pig slaughter
In December there was a sharp decrease in the number of pigs slaughtered with pig inventory decreasing less rapidly.
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In December there was a sharp decrease in the number of pigs slaughtered with pig inventory decreasing less rapidly.
Production and export estimates for Brazil were revised upward, while import volumes for Mexico were revised downward.
In its latest "Livestock and Poultry: World Markets and Trade" report from January 12, the USDA revised the closing figures for 2022 and its estimates for 2023, forecasting an increase in world pork production for this year thanks to an increase in China's domestic supply.
What is happening with Spanish pig prices? Guillem Burset explains this anomaly in the international market.
Corn production is again forecast lower due to further declines in the U.S., Argentine, and Brazilian crops. For soybeans, a 4 million ton reduction in the Argentine crop is expected due to drought conditions affecting crop yields.
Against a background of rising commodity prices, European pig farmers are reducing their production, which will lead to a decrease in supply on the hog market in 2023 and to prices remaining at high levels.
China produced 55.41 million tons of pork in 2022.
Here's how commodity production evolved in China in 2022.
The country's pork production is forecast to reach 1 million MT in 2023 as commercial pork producers plan to raise larger pigs.
Spanish pork production in the first nine months of 2022 was 1.78% below the same period of the previous year.
The U.S. hog census continues its downward trend. However, breeding swine stocks are slightly higher compared to the previous quarter and December 2021 results.
No doubt you often hear comments about the number of pigs in a country, but... how do we know if there are many or few pigs in a country? How do we compare?
Guillem Burset analyzes the swine market in 2022 and shares his forecasts for the coming year.
Pigmeat consumption and production will start declining over the next ten years due to health, environmental, and social concerns.
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.
In 2021, pig producers' economic performance was hindered due to higher production costs (+14.9% on average) while prices received fell throughout Europe, except in Italy. Results were negative in 12 of the countries compared to only 5 of them in 2020.