Swine news - Economy

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.

High carcass prices and strong domestic retail demand will drive greater pork production. Recently lowered tariffs further incentivize imports of certain prepared pork products.

U.S. pork exports concluded an excellent first half with another strong performance in June.

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.

The evolution of pig farming is the result of greater training for producers and benefits that help to implement new technologies.

This is how Japan's swine inventory, pork sales, and pork imports have gone so far in 2023.

USDA has lowered its third-quarter pork production forecast due to expected lower average dressed weights.

The volume of pork produced in the first half of 2023 was 2.1 million tons (-9.4% compared to the same period of the previous year).

The world corn production forecast was cut by 11 million tons from July's report. For soybeans, crop estimates were reduced by approximately 2.5 million due to lower expected U.S. production.

Global pork markets are being influenced by sluggish economic growth, weak consumption, recurrent disease outbreaks, and productivity issues.

The states of Jalisco, Sonora, Puebla, and Veracruz accounted for more than 50% of Mexico's swine inventory in 2022.

Pork will be the second fastest-growing product in terms of consumption, with an annual rate of 2.2% over the next few years.

Corn production is forecast up from 2022 and soybean production is forecast down from last year.

Funding will support capital investments that enhance efficiency, productivity, environmental sustainability.

According to a new Eurobarometer survey, more than half believe that the transition to a green economy should be accelerated.

The state of Paraná accounted for 14% of all pork exported from Brazil.

Total grain sown area, yield per unit area, and total grain output of summer grain in 2023.