\nPorto\nAlegre, October 9, 2020 \u2013 The United States\u2019\nindustry is showing a consistent recovery, overcoming the impacts of\nthe supply and demand shock resulting from the COVID-19 pandemic. In\nSeptember, 11.123 million pigs were slaughtered, close to the numbers\nregistered in the period before the pandemic. The average price of\nlive pigs in the United States, in the week ended on September 26,\nreached the highest level of 2020, at USD 96.90\/100 kg, according to\na weekly report from USDA. At the worst moment of the crisis, live\npigs reached USD 47.16\/100 Kg (at the end of last June).<\/p>\n\n\n\n
\nA\nrecent report released by USDA pointed out that, on September 1,\n2020, the U.S. pig herd stood at 79.099 million head, up 0.66% from\n78.583 million head on the same date last year. In relation to the\n79.634 million head pointed in the position of June 1, 2020, there\nwas a decrease of 0.67%. The country\u2019s herd is close to its\nhistoric top, reflecting the advancement of housing in recent years,\nwith breeders aiming to meet the Chinese market.<\/p>\n\n\n\n
\nU.S.\nexports are evolving well and with potential to increase, considering\nGermany\u2019s recent problem, with more than 30 cases of ASF in boars,\nhighlighting that Germans are the second-largest pork exporters in\nthe European Union. China has stopped buying pork from the country as\na protective measure. Other major exporters such as Brazil, Spain,\nand Canada can benefit from this situation. A point to add is that\nthe plants in Brazil that are accredited to export to the Chinese\nalready work with a high load, thus, new accreditations would be\nnecessary for the expansion of currently registered volumes. Another\npoint is the issue of ractopamine, used in much of the country, but\nbanned in China.<\/p>\n\n\n\n
\nIn\nChina,\ncustoms data released last week showed that the Chinese imported 2.91\nmillion tons of pork between January and August 2020, a significant\nvolume, since in 2019 the country imported 2.11 million tons.<\/p>\n\n\n\n
\nThe\nChinese government recently issued a statement saying it aims to\nincrease the country\u2019s self-sufficiency in animal protein, but\nwithout citing dates for that. China intends to produce 95% of pork\ninternally, 85% of beef and sheep meat.<\/p>\n\n\n\n
\nChina\nstill suffers severely from the effects of ASF, and the full recovery\nof its herd will hardly occur before 2023 due to the productive\ncycle. China will likely start reducing its imports in mid-2021, but\nin a discreet manner, as its production progresses, which must not\ncompromise business with Brazil.<\/p>\n\n\n\n
\nSAFRAS Latam<\/p>\n","protected":false},"excerpt":{"rendered":"
Porto Alegre, October 9, 2020 \u2013 The United States\u2019 industry is showing a consistent recovery, overcoming the impacts of the supply and demand shock resulting from the COVID-19 pandemic. In September, 11.123 million pigs were slaughtered, close to the numbers registered in the period before the pandemic. The average price of live pigs in the […]<\/p>\n","protected":false},"author":16,"featured_media":9150,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[95],"tags":[],"commodity":[],"class_list":["post-20018","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-highlights-en"],"acf":[],"yoast_head":"\n