USDA: preview of the world market for pork - China increases imports Every six months the U.S. Department of agriculture (USDA) published a preview of the global pork market. The current version is a correction of a forecast already in the autumn of last year. While a lot has changed. Still declining in the previous generation in the year 2017 will increase by 0.8%. The largest growth rates are achieved in the USA with 4.6%, in Russia with 4.5% and Brazil with 3.1% . In the world's largest production area in China again declining pork production will be contrary to previous assumptions. The State-required migration of pigs from the urban areas leads to a reduction of inventory by rd. 451 million to 435 million pigs. After serious is reducing the sows stocks which will sustainably keep pig production at low level. After the high prices Chinese prices in the year 2016 with an average around 3.50 €/ kg have fallen now under the brand name of €3 / kg of China's pork production is again to - 0.5% fall on the already weak previous year. The consumption to decrease only slightly. The USDA estimates therefore a Chinese import 2.3 million tons or an increase by + 5%. The EU expects only F9 production increased by 0.2% . The EU exports to 3.3 million tonnes is estimated at slightly reduced domestic consumption. 5.5% than in the previous year are again. Of approximately Two-thirds to China to be shipped. The above-average increase in production in the United States at the beginning of the year 2017 pushed U.S. pork prices at the producer level below the line by € 1.30 / kg . For the summer months is expected due to the grill again with a revival in course to approximately €1.50 / kg. The low U.S. pork price level favors a booming export to Mexico, while China exports move upwards in temperate orbits. Brazil's high growth rates with the GAmmelfleischskandal with corruption background a shock received. Exports have decreased considerably, the Brazilian pork prices are considerable fall. The production will have to have no further increases in the course of the year 2017. The world trade in pork is dominated on the export page to two-thirds of the two regions of EU and US clearly. For decades on the import side China has itself before the biggest importer of Japan prevailed with a twice as large amount. For a valuation of the quantities you should but take into account the different impairment of trade flows. Exports to Japan have generally more than one twice as high value as shipments to China.
