The Philippines withdraws the maximum suggested retail price of pork
The severe shortage in swine production, combined with strong consumer demand, has made it increasingly difficult to keep pork prices down.
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The severe shortage in swine production, combined with strong consumer demand, has made it increasingly difficult to keep pork prices down.
The U.S. will temporarily reduce tariffs on Chinese imports, with China agreeing to reduce retaliatory duties.
Pork imports continue to set records, while exports recorded a nearly 20% drop in volume.
Exports of U.S. pork trended higher year-over-year in March, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). Latin American markets again fueled pork export growth.
The growth rate of pork production was higher than that of beef but lower than poultry.
A temporary ban on importing processed pork products from South Korea has been lifted following a comprehensive risk assessment of South Korea against ASF.
International meat quotations rose across all categories, with pig meat prices registering the most significant increase.
The Philippines is the world’s sixth-largest importer, surpassing key destinations such as the United States, Canada, and Japan.
In January-March 2025, Russia doubled its pork supplies abroad in value and by 72% in volume compared to the same period in 2024.
Spanish exports of pork and pork products to third countries remained stable in 2024.
According to the latest data, Chinese imports of pork and by-products during the first three months of 2025 increased compared to the previous year.
In 2024, apparent pork consumption in Peru grew 4 % due to the sustained increase in domestic supply, linked to higher domestic production and the increase in imports. The growing participation of Brazilian pork imports stands out, which increased significantly in volume compared to the previous year.
So far this year, there has been an upward trend in the volume of pig slaughter.
The aim is to strike a fair balance between the interests of producers, traders, retailers, and consumers—especially in light of continued inflationary pressures.
In its most recent report, “Livestock and Poultry: World Markets and Trade,” published on April 10, the USDA projects slight growth in world pork production in 2025, accompanied by a slight drop in global exports, despite the expected significant increase in shipments from Brazil.
China's pork output and pig inventory both saw year-on-year increases in the first quarter of 2025.