Mixed outlook for world pork production
Growth will be far from evenly spread
The British Pig Executive (BPEX) is forecasting continued growth in pig meat production in all the world’s key countries, except the US and Canada.
In its latest “Meat Market Review” (published at the end of June, 2010), BPEX warns that reduced domestic supplies in the US will limit any potential growth in trade and predicts that any increase in exports will be directed towards the Mexican market.
The continued decline in Canada’s pig numbers, combined with the strong Canadian dollar, are limiting profitability in the industry there.
Meanwhile, producers in the EU and Brazil are enjoying a boost in production and trade, while government support and improved genetics are encouraging increased production in China and Russia, where demand is also rising, the review says.