China's pork imports on record course - EU in the advantage to the United States
According to recent estimates of the USDA Office in Beijing, the pork consumption in China is expected to increase to 57.4 million tonnes. The faces an estimated Autoproduction 56,10 million tonnes. The difference is must be covered out of approximately 1.3 million tonnes of imports.
The rising consumption in China is based on the growing income from the growing middle and upper classes . Western habits of consumption, with an increasing proportion of higher-value products lead to sustained increases in consumption.
Which a Chinese pork production faces, the still substantial 30% shares in backyard production is. Problems of adaptation for larger modern production units. A continuous cold chain is only available in the approaches.
The Chinese pig farmers have their herds, especially sows stocks in the years 2014 to shut down almost 10%, because the production brought up for months just losses. Missing piglet mean missing fattening animals in the aftermath of the year 2015.
Usually, the Americans on the part of the Chinese import demand would be. But the strong dollar exchange rate more difficult U.S. exports because American offers in the competition are relatively expensive.
On the other hand, is the EU with their weak euro cheaper in the competition and could undercut the Americans. Anyway looking for replacement exports due to the Russian import lock the situation of the EU would be handy.
But one should keep in mind that the U.S. hog prices are at a level of 1.20 to 1.30 move €/ kg. Brazil's pork prices are converted at €1 per kg. Less valuable pieces in question, who can keep up with the competition offers are therefore mainly for European sales to China.
However, a larger sales volume to moderate prices relieved at least the local market. This applies particularly against the background that the locked Russia imports almost 70% consisted of bacon parts search now otherwise costly sales channels.