Swine news - Economy

Last year, Mexico's global agri-food trade totaled 94.459 billion dollars, 53% of which corresponded to the country's sales to its trading partners, according to the Ministry of Agriculture and Rural Development.

The regional results are compiled from Brazil, Mexico, Argentina, Chile, and Colombia, which together account for 90% of Latin America's swine production.

As of December 1, 2022, Austria's pig inventory was 2.65 million head.

The increase in pork production strengthened domestic supply and is reportedly responding to the increase in demand, with per capita consumption around 20 kg/inhabitant.

The number of pigs slaughtered in Belgium fell by almost 10% in 2022, to a level not seen in 30 years.

In 2022, France's pork exports decreased in volume and imports increased.

The commercialization is now for raw pork, whole or in pieces, and there is no restriction in its direct trade.

Once again, the production estimate for Argentina's crops was reduced as a result of the adverse weather conditions that have accompanied the development of the crops in this new season.

Robust supply and demand favored by competitive consumer prices positioned per capita pork consumption at 13 kg/inhabitant in 2022.

It should be noted that this news indicates progress in the admissibility process for the export of beef and pork to China; exports have not yet been authorized.

Mexico's agri-food trade balance with the United States saw a surplus of US$15.266 billion dollars, the highest in five years, according to the Ministry of Agriculture and Rural Development.

In the fourth quarter of 2022, Brazilian pig slaughter increased 2.7% compared to the same period of the previous year.

The figures for 2022 indicate strong domestic demand for pork, which boosted domestic production, imports, and consumption.

The commission was urged to ensure the supply of fertilisers, take action to bring down prices, and increase the EU’s strategic autonomy in fertilisers.

Canada and Mexico have recognized the two national organic systems as equivalent.

This year's first stockpiling work for state pork reserves is underway.

United States pork exports finished lower year-over-year in 2022 but export value was the third largest on record with record export volumes to Mexico.

Slaughterhouses produced around 4.5 million tons of pork in 2022.

There was a strong increase in pork consumption, which was supported by the increase in domestic production and the decrease in international trade in both imports and exports.

Poland's pig inventory totaled 9.62 million head in December 2022, a decrease of 6.0% compared to the same period last year.

Global pig meat prices fell slightly in January due to ample supplies of slaughter-ready pigs and lower-than-expected imports by China.

World prices of rice and maize rose, while those of barley and wheat fell in January.

The Swine Production Cost Index in Brazil reached record highs in 2022.

According to Rabobank's report, "Global Pork Quarterly Q1 2023," supply is expected to be tight in the first quarter, with consumption facing uncertainty. Global pork trade will likely be limited. Rising inflation and high stock accumulated in 2022 will pressure import needs.