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.
Related Stories
Lower U.S. ethanol production and stocks may support ethanol prices while strong export demand continues to support ethanol and corn markets.
China’s changing pork demand may limit export growth opportunities.
Spring Fieldwork Progress Mixed As Moisture Slows Activity
Charly Cummings with Superior Livestock Auctions provides a real-time look at cattle market activity, demand trends, and what lies ahead for upcoming livestock auctions in Texas.
Researchers with the University of Tennessee Institute of Agriculture are studying the clouded plant bug, which causes millions of dollars in damage to crops such as corn, soybeans, and cotton growing across the state.
Farm Bureau Economist Dr. Faith Parum warns farmers to brace for more losses as the war in Iran sends shockwaves through the ag economy and raises input costs even further.