Pork markets worldwide are facing sluggish economic growth, weak consumption, and recurrent disease outbreaks
Pork consumption remains weak in China due to the underperforming economy and heat waves across the country.
Source: feednavigator.com
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Pork trade expected to slow in second half of 2023
China’s frozen pork inventory is high after rapid growth of imports in the first half of 2023.
Source: meatpoultry.com
Pork market shaped by recession, supply/demand imbalance
Rabobank forecasts small upside in trade despite global uncertainties.
Source: nationalhogfarmer.com