Pig World
  • News
      • Animal Health
      • Breeding
      • Business
      • Environment
      • EU
      • Food Safety
      • Housing
      • Marketing
      • NPA
      • National Pig Awards
      • New Products
      • Nutrition
      • People
      • Pig Fair
      • Politics
      • Training & Education
      • Welfare
  • Features
    • Animal Health
    • Breeding
    • Environment
    • Farm Visits
    • Herd Recording
    • Housing
    • Marketing
    • Nutrition
    • Products
    • Training
  • Comment
    • AHDB Pork
    • Chris Fogden
    • Dennis Bridgeford
    • Peter Crichton
    • Red Robin
    • Veterinary View
    • Zoe Davies, NPA
  • Numbers
  • Pig Prices
  • Magazines
    • July 2025
    • June 2025
    • 2025 Innovation supplement
    • May 2025
    • April 2025
    • March 2025
    • 2025 Buildings supplement
    • February 2025
    • 2025 Nutrition Supplement
    • January 2025
    • December 2024
    • November 2024
    • 2025 National Pig Awards supplement
    • October 2024
    • September 2024
    • August 2024
    • 2024 Pig Health supplement
    • July 2024
    • June 2024
    • 2024 Innovation supplement
    • 2024 Pig & Poultry Fair Guide
    • May 2024
    • April 2024
    • 2024 Buildings Supplement
    • March 2024
    • 2024 Pig Nutrition supplement
    • February 2024
    • January 2024
    • December 2023
    • November 2023
    • 2023 National Pig Awards supplement
    • October 2023
    • September 2023
    • Health Supplement
  • Suppliers
  • Jobs
    • Browse Jobs
    • Post a Job
    • Manage Jobs
  • Classified
  • Events
    • Pigs Tomorrow
    • National Pig Awards
Podcast
Pig WorldPig World
  • News
      • Animal Health
      • Breeding
      • Business
      • Environment
      • EU
      • Food Safety
      • Housing
      • Marketing
      • NPA
      • National Pig Awards
      • New Products
      • Nutrition
      • People
      • Pig Fair
      • Politics
      • Training & Education
      • Welfare
  • Features
    • Animal Health
    • Breeding
    • Environment
    • Farm Visits
    • Herd Recording
    • Housing
    • Marketing
    • Nutrition
    • Products
    • Training
  • Comment
    • AHDB Pork
    • Chris Fogden
    • Dennis Bridgeford
    • Peter Crichton
    • Red Robin
    • Veterinary View
    • Zoe Davies, NPA
  • Numbers
  • Pig Prices
  • Magazines
    1. July 2025
    2. June 2025
    3. 2025 Innovation supplement
    4. May 2025
    5. April 2025
    6. March 2025
    7. 2025 Buildings supplement
    8. February 2025
    9. 2025 Nutrition Supplement
    10. January 2025
    11. December 2024
    12. November 2024
    13. 2025 National Pig Awards supplement
    14. October 2024
    15. September 2024
    16. August 2024
    17. 2024 Pig Health supplement
    18. July 2024
    19. June 2024
    20. 2024 Innovation supplement
    21. 2024 Pig & Poultry Fair Guide
    22. May 2024
    23. April 2024
    24. 2024 Buildings Supplement
    25. March 2024
    26. 2024 Pig Nutrition supplement
    27. February 2024
    28. January 2024
    29. December 2023
    30. November 2023
    31. 2023 National Pig Awards supplement
    32. October 2023
    33. September 2023
    34. Health Supplement
    Featured

    July 2025 issue of Pig World now available

    July 6, 2025
    Recent

    July 2025 issue of Pig World now available

    July 6, 2025

    June 2025 issue of Pig World now available

    June 4, 2025

    2025 Innovation supplement now available

    June 4, 2025
  • Suppliers
  • Jobs
    • Browse Jobs
    • Post a Job
    • Manage Jobs
  • Classified
  • Events
    • Pigs Tomorrow
    • National Pig Awards
LinkedIn X (Twitter)
Pig World
Business

USDA forecast for world markets and trade

John SwireBy John SwireMay 2, 20182 Mins Read
LinkedIn Twitter Facebook Email

The USDA Foreign Agricultural Service has released its latest update on Livestock and Poultry: World Markets and Trade, forecasting a significant rise in pork supplies.

Record pork volumes are forecast to be produced in the US, EU and Canada with producers seeking international buyers in order to export at least part of the gain.

Global production of pork is expected to rise by 2% in 2018, to 113.5 million tonnes, largely driven by an increase in production in China, alongside the increase in the US and EU. Steady economic growth means that meat demand is increasing in most countries.

EU production is forecast to rise by around 2%, although prices may face some pressure due to weakening domestic demand and a challenging export outlook, due to a reduction in demand from China and a stronger euro.

US production is forecast to increase by 5% in 2018 due to higher prices during 2017. Any increase in supply in 2018 is likely to weigh on hog prices, although this will help boost demand from Mexico, Japan and South Korea. The USDA expects the US to increase exports to other markets such as Mexico, Japan and the Philippines, to offset the decline in shipments to China.

For the first time since 2012, global trade in beef, pork and broiler meat are all expected to rise. The rise in pork is expected to be modest, just 1%.

US exports are forecast to rise by almost 5% during the year, however the recent tariffs imposed on US pork by China may marginally lower total growth. The increase in tariffs will likely price many US cuts out of the Chinese market, with EU, Brazilian and Canadian pork expected to displace US product.

Demand from Mexico, Hong Kong, Philippines and Taiwan is expected to grow, alongside growth in South and Central America. Lower pork prices will help encourage demand, as will growth in household incomes. Pork demand has been rising quickly in South America and has been outpacing production. In Japan, the growth in pork consumption is offsetting lower consumption of fish. Chinese imports of pork are expected to decline over the year, due to higher domestic production.

Global pork imports

Share. LinkedIn Facebook Twitter Email
Previous ArticleRed Tractor eMB-Pigs deadline reminder
Next Article Call for Government to save small abattoirs
John Swire

Read Similar Stories

ABN kicks off pioneering long-term mill project

July 11, 2025

Red Tractor to press ahead with new tiers for outdoor pig producers

July 10, 2025

Last chance to enter or nominate for 2025 National Pig Awards

July 10, 2025
Latest News

ABN kicks off pioneering long-term mill project

July 11, 2025

Red Tractor to press ahead with new tiers for outdoor pig producers

July 10, 2025

Last chance to enter or nominate for 2025 National Pig Awards

July 10, 2025
Sponsored Content

THE GATEKEEPER OF RESPIRATORY HEALTH – MYCOPLASMA HYOPNEUMONIAE (M.HYO)

April 30, 2024

Tackle the root cause of PWD with free diagnostic tests

March 1, 2024
Current Pig Industry jobs
  • Senior-Level Pig Stockperson – Ref 1760 Hampshire

    • Hampshire
    • Roadhogs Recruitment Ltd.
    • Full Time
  • Pig Stockperson – Ref 1759 North Yorkshire

    • North Yorkshire
    • Roadhogs Recruitment Ltd.
    • Full Time
  • Pig Stockperson – Ref 1758 Norfolk

    • Norfolk
    • Roadhogs Recruitment Ltd.
    • Full Time
GETTING IN TOUCH
  • Advertise
  • Contact Us
  • Meet The Editors
  • About Us
  • Email Newsletters
  • Subscribe
  • Reuse permissions
OUR SOCIAL CHANNELS
  • Twitter
  • LinkedIn
PARTNER EVENTS
RELATED SITES
  • Farmers Weekly
  • Agronomist & Arable Farmer
  • Farm Contractor
  • National Pig Awards
  • Pigs Tomorrow
  • Poultry News
  • Weekly Tribune
  • Privacy Policy
  • Cookies Policy
  • Terms and Conditions
© 2024 MA Agriculture Ltd, a Mark Allen Group company

Type above and press Enter to search. Press Esc to cancel.