China Meat Consumption Expected to Rebound in 2021
13.01.2021 16:30 "Agro Perspectiva" (Kyiv) —
According to the report of the USDA Livestock and Poultry: World Markets and Trade (January 2021), driven by higher estimates for pork, the China total meat import forecasts for both 2020 and 2021 are revised 4 and 1 percent higher, respectively. While pork import growth slowed in the fourth quarter of 2020, it nevertheless exceeded expectations and results in a more bullish outlook for 2021. The impact of African swine fever (ASF) is expected to have reached its zenith in 2020, pressuring consumption and increasing the country’s reliance on meat imports. Despite the elevated pace of trade, China meat consumption in 2020 fell to its lowest level in more than a decade. In 2021, higher estimates for both China pork production and imports lead total meat consumption up 2 percent from the prior forecast. However, total meat consumption is still expected to be below pre-ASF levels. Beef • Global beef production for 2021 is fractionaly lower at 61.2 million tons primarily due to declines in China and the United States. China is revised down 3 percent to 6.7 million tons on lower than expected production in the past year. • Global beef exports for 2021 are unchanged at 10.8 million tons. Asia demand remains robust and the supply forecast for most major exporters is unchanged. Pork • Global pork production for 2021 is revised up nearly 2 percent to 103.8 million tons due to the Chinese hog sector’s ongoing recovery from ASF. Elevated prices continue to incentivize producers to expand their herds, resulting in the production forecast for China being revised 5 percent higher. However, despite upward revisions, China production is still expected to remain below preASF levels as rising costs and animal management challenges generate headwinds. Higher China production more than offsets sharply lower Philippines production, where ASF continues to spread in key regions. • Global pork exports for 2021 are revised up nearly 3 percent to 11.1 million tons on China import demand that, while lower year-over-year, is expected to remain elevated by historical standards. Abundant exportable supplies around the world are expected to find a home in China as consumption in this key market continues to be well below pre-ASF levels. Meanwhile, a weak peso and sluggish domestic economy lead to lower import expectations for Mexico. Chicken Meat • Global chicken meat production for 2021 is revised 1 percent lower to 101.8 million tons driven by sharp declines in the EU and China. The EU is battling widespread Highly pathogenic avian influenza (HPAI) outbreaks across several Member States, weaker domestic demand, and higher grain prices. China chicken meat demand continues to grow but at a slower rate as the swine herd recovers and pork production rebounds. • Global chicken meat exports for 2021 are down nearly 1 percent to 12.1 million tons as lower EU, Thailand, and Brazil exports are offset by gains in the United States. The outlook for China imports remains unchanged.
18.03.2024 |
|
|
|
|
|
23:10 |
The European Union and Switzerland launch negotiations to deepen bilateral relations |
|
10:05 |
Commission proposes targeted review of Common Agricultural Policy to support EU farmers |
15.03.2024 |
|
|
|
|
|
23:36 |
Cargill Power CanolaTM Program Helps Farmers Take Advantage of Growing Bioenergy Market Opportunities for Canadian Canola |
|
23:19 |
FAO will provide Ukrainian farmers with soybean and sunflower seeds for spring sowing campaign |
13.03.2024 |
|
|
|
|
|
23:27 |
FAO urges more cooperation in banana sector, significant for some least developed and low-income food-deficit countries and smallholder farmers |
|
16:51 |
The European Commission sets out key steps for managing climate risks to protect people and prosperity |
12.03.2024 |
|
|
|
|
|
20:25 |
Coreper and COMENVI approve the provisional agreement on EU Carbon Removal Certification Framework |
|
20:24 |
INTA MEPs fail EU producers by dismissing potential improvements to Ukraine ATMs |
|
08:10 |
Soybean meal is expected to be a more competitive feed ingredient on higher global supplies. |
11.03.2024 |
|
|
|
|
|
09:11 |
U.S. Corn Exports Shift Destinations as Brazil Captures China Market |
08.03.2024 |
|
|
|
|
|
15:20 |
Conflicts push acute food insecurity higher |
|
13:21 |
FAO Food Price Index declines further in February |
|
13:14 |
Packaging: Council and Parliament strike a deal to make packaging more sustainable and reduce packaging waste in the EU |
|
11:45 |
Commission approves ˆ61.3 million Bulgarian State aid scheme to support farmers, producers of grain and oil crops, in the context of Russia's war against Ukraine |
07.03.2024 |
|
|
|
|
|
20:41 |
First go-ahead to renewing trade support for Ukraine and Moldova |
05.03.2024 |
|
|
|
|
|
15:55 |
Commission proposes to prolong road transport agreements with Ukraine and Moldova and introduces updates to the agreement with Ukraine |
02.03.2024 |
|
|
|
|
|
07:31 |
Heroes of deserts and highlands: Nourishing people and culture |
23.02.2024 |
|
|
|
|
|
10:21 |
BASF’s financial strength supports proposed stable dividend of ˆ3.40 per share for the 2023 business year |
|
10:17 |
The Council has chosen to ignore farmers' concerns regarding Ukraine ATMs; it is now imperative for the European Parliament to take action |
20.02.2024 |
|
|
|
|
|
20:27 |
South Asia is anticipated to import nearly 14 million tons wheat in 2023/24 |
19.02.2024 |
|
|
|
|
|
13:00 |
Cargill and ENOUGH expand partnership to provide consumers with innovative, sustainable protein options |
17.02.2024 |
|
|
|
|
|
17:47 |
Global Environment Facility approves new FAO-led projects and programs benefiting 46 countries |
16.02.2024 |
|
|
|
|
|
09:10 |
The EU is at a crossroads with the Ukrainian agricultural issue - COPA-COGECA, AVES, CEFS, CEPM, CIBE, EUWEP |
13.02.2024 |
|
|
|
|
|
17:31 |
European farmers exempted from rules on land lying fallow |
12.02.2024 |
|
|
|
|
|
16:45 |
India Wheat Stocks Plummet to Lowest in 15 Years |
03.02.2024 |
|
|
|
|
|
17:35 |
Mandarins. Global production for 2023/24 is forecast to rise to 38.0 million tons |
|
09:59 |
Record cereal output in 2023 |
|
07:15 |
FAO Food Price Index down again in January led by lower wheat and maize prices |
29.01.2024 |
|
|
|
|
|
10:32 |
President von der Leyen launches Strategic Dialogue on the Future of EU Agriculture |
26.01.2024 |
|
|
|
|
|
11:31 |
Record Exports Forecast for Egypt Oranges |
23.01.2024 |
|
|
|
|
|
17:55 |
With the Federal Chancellor in the show bakery |
19.01.2024 |
|
|
|
|
|
11:45 |
Organic production in Ukraine |
16.01.2024 |
|
|
|
|
|
23:25 |
Domestic consumption of dairy products may double in 2024 – analysts |
12.01.2024 |
|
|
|
|
|
23:53 |
Competition Tightens for Leading Pork Exporter |
|
22:55 |
Peru Fish Meal Exports at Lowest Level Since 2015/16 El Niño |
|
22:43 |
Grains Trade Disrupted by Challenges in Key Shipping Routes |
10.01.2024 |
|
|
|
|
|
15:38 |
In China, the largest import market for dairy products, surplus raw milk production led to government subsidies to stabilize the domestic processing sector |
09.01.2024 |
|
|
|
|
|
11:55 |
The FAO Sugar Price Index averaged 134.6 points in December, down 26.8 points from November |
06.01.2024 |
|
|
|
|
|
12:43 |
Polish fish and seafood imports continued to grow in 2022 and reached over $3 billion, with a $129 million (4 percent market share) originating from the USA |
05.01.2024 |
|
|
|
|
|
17:21 |
EU imports are dominated by unroasted green coffee beans, which accounts for about 90 percent of trade |
|
17:00 |
FAO Food Price Index declines in December. Benchmark measure of world food commodity prices ends 2023 about 10 percent below its year-earlier level |
29.12.2023 |
|
|
|
|
|
09:53 |
Global and Bank of Georgia sign EUR50 million loan agreement to support small businesses |
28.12.2023 |
|
|
|
|
|
16:47 |
EIB delivers EUR3 million for energy-efficient upgrades in three Ukrainian cities |
27.12.2023 |
|
|
|
|
|
23:11 |
EU agri-food trade surplus increases in September 2023 |
26.12.2023 |
|
|
|
|
|
15:05 |
FAO and EU launch a second grant call to bolster the recovery of Ukrainian farmers |
18.12.2023 |
|
|
|
|
|
09:00 |
EIB Global offers support to Ukraine, Moldova and Georgia on the next step of their EU accession paths |
11.12.2023 |
|
|
|
|
|
13:21 |
FAO Food Price Index holds steady in November |
09.12.2023 |
|
|
|
|
|
22:15 |
Donau Soja: Republic of Moldova increases soya harvest in 2023 and boosts market opportunities in the EU |
24.11.2023 |
|
|
|
|
|
12:25 |
SUGAR MARKET BY SESVANDERHAVE |
|
09:32 |
BASF signs CNY 40 billion syndicated bank term loan facility with maturity of 15 years for its Verbund site in Zhanjiang, China |
Also available:
|