UK pork exports hit eight-year low
Reduced production, higher pig prices, and lower consumer demand has led to a challenging trading marketplace for pig meat in the UK.
Reduced production, higher pig prices, and lower consumer demand has led to a challenging trading marketplace for pig meat in the UK.
Building on a robust first-half performance, July exports of U.S. pork continued to outpace year-ago levels, according to data released by USDA and compiled by USMEF.
Reductions are driven by lower pork exports to non-EU markets, mainly to China, continued high input costs, and imposition of new EU regulations.
Australian authorities officially opened their market to raw French pork.
Within the animal protein category, spending on pork grew the second most between 2020 and 2022.
From January to June, Paraná recorded the highest number of pigs slaughtered in six months, with 5.9 million head.
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Maize prices hit their lowest value since September 2020.
The suspension is to prevent pigs raised in Japan from being infected with African swine fever virus.
Contrary to the sustained increase that characterized the first quarter, April and May saw decreases in the volume of pork imports.
Despite the reaction in the prices paid for live pigs and pork in the second half of June, the monthly averages were below those recorded in May.
The Border Target Operating Model sets out new controls to better protect the UK against security and biosecurity threats and create a world-class border system for trade in goods.
The processing industry continues to drive the increase in pork imports despite the increase in international prices. Export volumes continue to be affected by the absence of shipments to China.
From January to July, 10.5 million pigs were slaughtered - an increase of 4.7% compared to the same period in 2022.
The Flemish government lowered the requirements to be eligible for the pig farm buy-out scheme.
So far this year, pork production has shown positive monthly growth rates, which go hand in hand with the increase in animal weight.
Agri-food and fishery exports reached a record €68,018 million in 2022, an increase of 13.1% over 2021.
So far this year, soybean meal exports from Brazil have exceeded the volume shipped from Argentina.
Pig slaughter fell by 1.1% compared to the first quarter of the year.
U.S. pork exports concluded an excellent first half with another strong performance in June.
High carcass prices and strong domestic retail demand will drive greater pork production. Recently lowered tariffs further incentivize imports of certain prepared pork products.
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.
The export of pork offal and thermo-processed pork by-products from Argentina to authorized meat processing plants is now open.