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Forecasts for US pork production and exports in 2019

The FAS foresees an increase in the US production of pork for next year.

Wednesday 24 October 2018 (1 years 26 days ago)
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According to USDA report "Livestock and Poultry: World Markets and Trade", pProduction is forecast up 5 percent in 201 9 on higher hog slaughter and heavier carcass weights.

Despite lower hog prices this year, producers intend to farrow more hogs during 2019, driven by substantial investments in production capacity over the past 2 years.

Lower pork prices and steady gains in global pork demand will drive exports nearly 4 percent higher in 2019, following 6 -percent growth in 2018. Retaliatory tariffs on U.S. pork will limit U.S. shipments to China, but lower prices are expected to propel growth to top market Mexico.

Thursday October 11, 2018/ FAS-USDA/ United States.
https://apps.fas.usda.gov

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