ZMP Hogs News-Cockpit
ZMP Cockpit – News Summary
Average price remains at €2.38/kg - upper range increased to €2.43/kg
- scarce live supply
- low cold store inventories
- increasing demand for meat
- partly rising prices in neighboring countries
- high consumer prices due to inflation
ZMP Market Analyses
lower pig stocks worldwide in 20232023 May 11 - 2:01pm
Growth in global pig population halted for the time being. After the ASF-related herd slump in China, global pig numbers have recovered to pre-ASF levels in 2022. For 2023, however, the US Department of Agriculture (USDA) estimates a slight decline of around 1.8% compared to the previous year. In the largest production area...
USDA releases new estimate of world pork production2023 Apr 17 - 3:46pm
USDA corrects global pork production from Jan 2023 estimate In its April 2023 issue, the US Department of Agriculture (USDA) corrects its Jan estimate for global pork production to 114.3 Mt (previous year 114.58 Mt). In particular, cuts were made in the EU-27, Canada and South Korea, as well as in a number of small producing...
EU-KOM estimates EU pork market 2023 even lower2023 Mar 31 - 9:58am
EU COM forecasts further decline in the pork market in 2023 In its spring edition, the EU Commission (EU COM) estimates that the EU pork market in 2023 will be even lower than in the previous year. Net production is estimated to be -5.1% lower at 21.2 million t. Within 2 years, EU production has shrunk by a...
German pork exports continue to decline. A large part of the exports are also made to other EU countries. Hardly anything goes in the direction of China.
Danish trade associations recommend the construction of free-range pens in the sow area. In this way, equal opportunities should be created for all piglet producers.
The higher prices for slaughter pigs can be easily implemented in the market. But it's not enough for a further increase. Meanwhile piglets are wanted.
There is currently very little pork in German cold stores. Reasons are the scarce supply and the high energy costs.
If African swine fever (ASF) breaks out in the USA, there is a risk of damage running into millions. The massive export restrictions would immediately collapse the hog prices.
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The slaughter industry in Germany is consolidating. The next "victim" is the location in Bad Bramstedt. Operations are scheduled to end there at the end of July.