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10:10

Global pork production gedämpfte 2017 again higher - price prospects

USDA: global pork production 2017 again increasing as a result of price incentives In its bi-annual Oct. issue to assess the worldwide meat supply estimates the foreign Department of the U.S. Department of agriculture (USDA FAS) the global pork production in the years 2016 to about 2% lower than in the previous year. The major contribution to the reduction comes from China, whose production decline is estimated at 5.5%. In almost all other areas of production, growth rates between 0.7% in the EU are determined to 5.5% in Russia and Brazil. For the coming year 2017 to worldwide pork production resume to 2.6%. High growth rates are in China with + 3.66% and forecast by the United States with 3.82%. In Russia , the perennial sustained increases despite affected by African swine fever should be still at + 4.7%. Brazil benefited further from the China import and to increase despite increased exchange rate again to 3.1% the production of pork. , However, is for the EU a zero growth adopted in pork production in 2017. The strong reductions of sows attitudes and predicted weaker price prospects are background.   International trade in pork is by 2016 to over 8 million tonnes. China's imports have been key driving factor, which exhibit an increase to the previous year by 133%. However, other importing countries have clearly withdrawn their purchases from export territories. The EU counts in international trade as the biggest winners in the pork export in the year 2016. EU exports have increased by approximately 1 million t, or 38% with a focus towards China. Brazil + 43% or 300,000 metric tons for can chalk up high export increases, even if the absolute quantities much smaller fall out. However, the United States could hardly compete. Only 3.7% or 120,000 tonnes could be deposed more in third countries. For the year 2017 , the USDA FAS anticipates changes in the international pork tradeonly geringfügigen . China's imports will be reset due to rising domestic production while something, should have but still twice as high as in the year 2015. The EU should their achieved export volume of 3.3 million tonnes in maintain around. Due to the low U.S. prices, the US pork industry to 100,000 t promises higher export volumes to 2.45 million tons. Expected for 2017 is with steamed pork prices , which watered down but by fallen food prices. In the United States, is expected hardly to greater gains because in addition to a rising pork production also increasing quantities of meat from poultry and beef industry is expected.

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