NASHVILLE, TENN. (RFD NEWS) — New research from Rabobank says the global pork industry is taking a cautious approach to growth. This year, researchers say producers are refocusing on productivity and cost control.
Production is expected to rise in the first half of the year, led by modest gains in the United States, Europe, China, and Brazil, before slowing in the second half due to herd reductions, especially in China and Spain.
Trade remains volatile amid shifting import policies and disease pressures, including African Swine Fever and Porcine Reproductive and Respiratory Syndrome (PRRS), keeping expansion plans in check.
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The USDA NASS report also confirms lower August placements.
