In this file:

 

·         RaboResearch Reports Pork Industry's Growth Hinges on the Prospect of Increased Exportation

·         Rabobank Says U.S. Pork Industry to See Ongoing Growth

 

 

RaboResearch Reports Pork Industry's Growth Hinges on the Prospect of Increased Exportation

 

Source - Rabo AgriFinance

via Oklahoma Farm Report - 11 Oct 2017

 

Over the past decade the U.S. hog and pork industry has gone from lagging production with tight margins to a production recovery phase. In a new report from the RaboResearch Food and & Agribusiness group, analysts take a look at the potential growth of the pork industry and the factors determining the growth.

 

Rabobank’s analysis shows the U.S. pork industry will continue in expansion mode through to 2025, supported by increased production efficiency and additional processing capacity, which also have the potential to improve margins along pork supply chains.

 

“Exports are necessary for future expansion but are not guaranteed,” notes RaboResearch Food & Agribusiness, Global Data Analyst Sterling Liddell. “Mexico continues to grow its sow inventories and slaughter plants, making it only a matter of time before Mexico boosts domestic production.” The report finds that during this transition period in the pork and hog sector exports, efficiency and slaughter capacity will be the determining factors between stagnancy and expansion.

 

“Geopolitical issues affect the global pork trade,” explains RaboResearch Food & Agribusiness, Global Animal Protein Strategist Justin Sherrard. “Specifically, U.S. pork meat exports to certain markets such as Mexico and China are likely to face domestic competition as production in those certain countries is expected to increase.”

 

more, including link to webinar

http://www.oklahomafarmreport.com/wire/news/2017/10/01299_RaboBankReportsonPorkExportGrowth10112017_120956.php

 

 

Rabobank Says U.S. Pork Industry to See Ongoing Growth

 

JoAnn Alumbaugh, FarmJournal's PorkNetwork

October 11, 2017

 

Over the past decade the U.S. hog and pork industry has gone from lagging production with tight margins to a production recovery phase. The industry is vibrant and growing. In a new report from the RaboResearch Food and & Agribusiness group, analysts look at the growth of the pork industry and the factors determining growth.

 

Rabobank’s analysis shows the U.S. pork industry could grow by 11% from 2017 to 2025, supported by increased production efficiency and additional processing capacity. These factors have the potential to improve margins along pork supply chains.

 

“Exports are necessary for future expansion but are not guaranteed,” notes Sterling Liddell, RaboResearch Food & Agribusiness, Global Data Analyst, in a Rabobank news release. “Mexico continues to grow its sow inventories and slaughter plants, making it only a matter of time before Mexico boosts domestic production.”

 

The report finds that during this transition period in the pork sector, exports, efficiency and slaughter capacity will be the determining factors between stagnancy and expansion.

 

“The economics of tight profit margins are expected to continue driving more efficiency gains in both key variables, as swine producers seek to optimize returns from feeding and spread fixed costs over more total pounds per female,” the report said.

 

In the long term, the U.S. sow herd is projected to decrease by 6.3% from 2016 to 2025, the authors wrote.

 

“This reduction is needed to balance the increased production capacity gained through more pigs per sow, and the 5.5% growth in carcass weight,” they wrote.

 

Domestic Consumption and Exports ...

 

more

https://www.porkbusiness.com/article/rabobank-says-us-pork-industry-see-ongoing-growth