In this file:
· Exports of Danish pork grew in 2018
· Analyst Explains Why EU Plays a Big Role with China's Pork and ASF
Exports of Danish pork grew in 2018
By Simon King, Pig World (UK)
April 11, 2019
Danish exports of fresh and frozen pork rose 2% year-on-year to reach 283,000 tonnes, in the three months between October and December. This brought total export quantities for the year to 1.1 million tonnes, up 3% from 2017.
Despite Denmark shipping more product abroad during the year, the total value of these exports fell by 9% to DKK 16.5 billion £1.9bn).
AHDB analyst Hannah Clarke said: “Danish exports of fresh and frozen pork to the EU rose by 4% (+31,000 tonnes) during 2018. Within this, exports to Germany rose by 10% (+33,000 tonnes), exports to Poland rose by 4% (+5,300 tonnes) and exports to Italy rose by 8% (+7,600 tonnes). Meanwhile, shipments to the UK fell by 6% (-8,500 tonnes) to total 129,000 tonnes for the year.
“Exports to non-EU countries remained steady on the year, decreasing by 0.4% (-1,400 tonnes). This was mainly driven by reduced shipments to China, down 22% (-17,900 tonnes). Shipments to Japan, Denmark’s largest market, also fell slightly on the year.”
Within other pig meat categories, exports of bacon (+22%) and sausages (+4%) rose in quantity, mostly driven by increased shipments to the UK. Total exports...
more, including table
Analyst Explains Why EU Plays a Big Role with China's Pork and ASF
By Betsy Jibben, AgDay TV, National Reporter
via AgWeb - April 11, 2019
The lean hog markets are seeing huge swings the last couple of trading sessions. Lean hogs opening in the green during Thursday’s trade session as well.
There are a lot of factors as to why the market has fluctuated. There is an outbreak of African swine fever reported in South Africa this week. In addition, the National Pork Producers Council is cancelling the 2019 World Pork Expo as a cautionary measure to prevent the spread of ASF.
One analyst says there are other reasons driving the market too. One reason is a redistribution of hogs in the United States, especially with the new additional plant in Iowa.
“There are a lot of hogs that were initially programmed to go to that plant that had been in the open market that were pulled off once they started processing,” said Don Close, Senior Animal Protein Analyst with Rabo Agri Finance “That combined with the building and pent up energy with the uncertainties with China, when those two factors arrived at the same time, was the stimulus for the earlier than expected rally in hog prices.”
Close says 70 percent of the pork imports into China are currently coming from the European Union...
more, including video report [2:12 min.]