Swine news - Economy

This comes after the U.S. imposition of an additional 10% tariff on products imported from China.

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.

Pig meat prices softened, pressured by lower quotations in the European Union.

Wheat, maize, barley, and sorghum export prices increased while the FAO All Rice Price Index declined.

The EU proposes tariffs on Russian fertilizers to reduce dependence and protect European industry from the risk of market destabilization.

An updated study quantifies the returns that beef and pork exports brought to U.S. corn and soybean producers.

The new pricing initiative considers the ongoing challenges facing the pork industry, particularly the lingering effects of African swine fever.

Should the U.S. continue to apply tariffs on Canada, the government intends to impose additional countermeasures that could affect pork.

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.

The swine industry is stabilizing after a historic low.

As of November 3, 2024, Germany had 21.3 million pigs (+0.3 % vs. 2023). The number of farms fell by 3.2% to 15,700.

After three weeks of rains that were key to the season's recovery, losses have stabilized and the trend shows a better than expected improvement in soybeans in the core region. A month ago, significant losses and extensive areas with total damage were projected.

The total number of hogs slaughtered increased by 118,998 head.

The implementation of the Public Policy Observatory for Agrifood Systems seeks to promote market access for Central America.

With a sharp cut in corn, estimated production falls by 2 million tons from last month. For soybeans, the first projection, based on its current condition, is below expectations under a normal scenario.

EU ministers discuss rural proofing, agri-food market stability, and the future vision for agriculture and food.

The agreement boosts the expansion of agribusiness trade, benefiting both the province of Santa Fe and the rest of Argentina. In addition to strengthening the position of the soybean complex, it opens new opportunities for the export of meat, dairy products, sunflower, legumes, and other strategic products.

These are the main findings of the latest monthly agri-food trade report published by the European Commission.

According to the presented ranking, the top 20 pork companies produce almost 80% of the total slaughter pig production (4,671.7 thousand tons).

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.

The anti-dumping investigation into pork imports from the European Union is ongoing.

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 the fourth quarter of 2024, the pig slaughter totaled 14.23 million head.