USDA Agricultural Outlook Forum: US pork market in phasing out phase The Agricultural Outlook Forum is regularly organized by the US Department of Agriculture (USDA) in late February in Arlington USA; 2019 for the 95th time. This year's motto is Growing locally selling globally (produce locally , sell worldwide). This is to highlight the extraordinary export contribution of US agriculture. This claim is followed by the individual contributions in the two-day forum. In the range of topics from agricultural policy , future global food supply , agricultural markets, forestry and organic agriculture to innovations on insect production and genetic engineering as well as environmental protection topics, the market analyzes and forecasts for important agricultural products such as cereals, oilseeds, meat and milk are in the center of attention. The US meat market, at just under 45 million tonnes, is the world's second largest after China. Each approx. 12 million t.attributable to the beef or pigmeat market. The US poultry meat production reaches approx. 20 million t. Rd . 20% of meat production goes into exports . US pork production has experienced a 20% upturn in the last 5 years. Of these, most of the production growth was consumed in their own country. The reason for the unusually high consumption increases are seen in 1st line in rising consumer revenue. Nevertheless, the per capita consumption is only 30 kg compared to 48 kg of poultry and 38 kg of beef. Recent Trump government trade policies have severely impacted US pork exports. China now collects 64% import duty on US provenances. The largest sales region for US pork Mexico claims an inch of 25%. Despite all efforts for sales territories in other countries of the world, the moderately rising US exports reach just 2.4 million tonnes compared to the EU with approx. 4 milliont product weight. For 2019 , pigmeat production is again estimated to be 4% higher than in the previous year. The high supply compared to the sales opportunities depresses the price level . According to expert estimates, an average of approx . 1.11 € / kg slaughter weight predicted at the standard of 51 / 52% MFA. Low pork prices are also caused by the increasing competition offered by beef and poultry. Low pork prices, however, serve the competitiveness in the export business . Therefore, despite the import restrictions imposed by China and Mexico, exports are expected to increase by 6% to approx. 2.8 million t . The lower price level is partly offset by the low feed prices, especially for corn and soybeans. Nevertheless, no significant gains in 2019 are expected throughout. Only during the barbecue season during the two summer months of July and August are courses traded on the order of € 1.50 / kg .At any rate, this is the futures prices on the Chicago Stock Exchange.
