U.S. hog inventory down slightly
The sow and market hog inventories were down in March, but there was an increase in the number of piglets weaned per litter.
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The sow and market hog inventories were down in March, but there was an increase in the number of piglets weaned per litter.
Decreased pork production was offset by significantly increased imports, contributing to increased consumption.
The pig industry in Africa holds great potential as a key driver for food security, income generation, and rural development. However, it faces several challenges that hinder its growth and sustainability.
Compared to February, estimates for global corn exports were cut, which could be explained by a projected decrease in shipments from Brazil. Likewise, a significant drop in corn imports from China was estimated. As for soybeans, projections remained unchanged, except for a drop in ending stocks.
In addition to representing about 19% of total per capita animal protein consumption, in the last year there was an increase of 1.2 kg per capita compared to 2023.
Despite the slight increase in production volume, exports grew nearly 10%, which could partly explain the decrease in consumption.
The slight increase in production with the significant increase in import volume and the decrease in exports suggests a recovery in apparent consumption, which more than returned to 2022 levels.
At present, the North-South divide in the EU is more evident than ever and is becoming a disparity that is strengthening and becoming chronic.
The total number of hogs slaughtered increased by 118,998 head.
Compared to the January report, significant cuts were made in South American corn harvests and in exports from Brazil and Ukraine, related to the fall in Chinese imports. A decrease in the global soybean harvest and ending stocks was again projected, due to lower production in Argentina.
With last year's results, Colombia rose to fourth place in the ranking of Latin American pork producers.
Poland recorded a more than 7% year-on-year decline in the swine inventory. The share of finishing pigs increased in the herd structure.
In addition to achieving a production record of more than 600,000 tons, per capita consumption approached 15 kg/inhabitant/yr. Undoubtedly, the outlook for the sector's future is promising in the short, medium, and long term.
Nigeria is the leading pork producer in Africa, with an annual output of over 303,000 metric tonnes.
The considerable increase in live hog prices during the last quarter was reflected in the increase in consumer prices.
Ecuador's pig farming sector has shown remarkable growth in recent years, currently meeting domestic demand and aiming for international markets.