Swine news - Economy

ASF greatly affected global pork output and export last year. Global pork output was down 8.5% from 2018. Increased output expected in the Americas. China's pork import up 35%.

EU-Vietnam free trade agreement will gradually eliminate almost all tariffs. The full Parliament is set to cast its final vote in February.

ASF has led to a significant decline in Chinese pork production over the past year.

Estimates for the supply and demand of feed, soybeans, and vegetable oils in light of the Spring Festival holiday.

EU agri-food exports are booming, driven by rising pork exports.

From January to October 2019, 12,411,000 head of cattle, pigs, sheep, goats and horses were slaughtered in a total of 471 processing plants in 30 states, 140 of which export meat to 65 countries.

Colombian pork production increased by more than 10% during the first 11 months of 2019.

Livestock contributes to more than 40% of the value of the country's agrifood production and helps make Mexico the seventh largest producer of animal protein in the world.

U.S. pork exports posted the best month on record in November, easily reaching new highs in both volume and value, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF).

Pork supply and demand is expected to be balanced for the upcoming Spring Festival with heavier pig herds, more pork reserves released and expanded pork imports.

Effective April 1, 2020, Japan will no longer apply the pork safeguard to imported products from member countries of the World Trade Organization as virtually all imports of pork are now covered by trade agreements with separate safeguard mechanisms.

Brazilian pork sales (considering all fresh and processed products) reached record volumes in 2019, according to statistics published by the Brazilian Association of Animal Proteins (ABPA).

In 2019 FAO Meat Price Index averaged 175.8 points. Pig meat prices registered the biggest year-on-year increase.

High prices, low pig census, and low slaughter mean that even with increased demand for pork with the new year celebration, consumption is still expected to be down.

The measure published in the official bulletin under directorial resolution (RD) No. 0051-2019 aims to maintain the country's health status.

A decline in Hong Kong’s fresh pork supply due to African swine fever (ASF) is creating both short-term and long-term opportunities for U.S. pork.

Starting in January 2020, two Costa Rican processing plants will be able to export pork products to China.

The pig census has decreased by 2% while the number of farms has dropped by 5.5%.

USDA quarterly report shows 2019 has been a record year for the US pig census. Inventory is up 3% from last year, but down slightly from November.

Newly reduced tariffs are aimed at encouraging pork imports to fill the gap caused by China’s ASF outbreak.

China's pork market may beat expectations with balanced supply and demand during the upcoming Chinese New Year.

Looking at product categories, the increase in exports was driven in particular by pork meat.

Realized net income of Canadian farmers declined 41.0% from 2017. Record high North American hog inventories pushed hog receipts down 8.9%.