The UK has a sizable pork production shortage. To address this shortage, the UK has increased production and imports around 1m tonnes carcass weight (cwt) annually from EU member states. With the EU’s estimated self-sufficiency rate of nearly 112%, approximately 2.6m tonnes cwt of pork needs to be exported outside the EU in 2018 to balance local supply and demand. After Brexit, EU self-sufficiency could grow to 120%. Consequently, in the future EU-27, pork processors will need to work harder to secure opportunities for exporting pork meat and by-products that are not consumed within the EU. In the short-term, increasing Chinese demand will probably compensate for any loss of access to the UK market.Read more
The outlook for the global poultry industry is expected to gradually improve in 2019. Global trade will remain volatile and competitive in 1H 2019, with exporters competing for reduced volumes as a result of the many trade issues in 2018. Trade issues include the US-China trade tensions, the changing Saudi trade standards, the removal of some Brazilian exporters from the EU approved list and ongoing disease issues. These issues will continue to have an impact on global trade flows and prices in the coming months. Under such very volatile conditions, being restrictive in supply to keep markets balanced is key, and regions involved in trade, like the US, the EU and Thailand, should follow the successful steps taken in Brazil, South Africa, and Russia.Read more
African Swine Fever has the potential to cause waves in the global animal protein pool, including in the beef market. This is our feature article this quarter, but just one of many important stories shaping the outlook for global beef markets . . .Read more
Growth in global animal protein continues, but it is slowing. Uncertainty is a key theme for 2019. Uncertainty created by African swine fever, in trade, and with feed prices all contribute to the slowdown in production. However, global animal protein also has opportunities in 2019, according to the recently released RaboResearch report “Global Animal Protein Outlook 2019 – Growth Slows Down… as Doubts Gear Up”.Read more
Pork Quarterly Q4 2018: Heightened Uncertainty as the Spread of African Swine Fever Raises the Stakes
Global pork markets are on edge as African Swine Fever (ASF) disrupts...
The US market is the focus in this Beef Quarterly, however, there are a number...
The outlook for the global poultry industry is expected to gradually improve in...
Animal protein production is expanding around the world, and increasing...
Contact Justin Sherrard
Justin SherrardGlobal Strategist - Animal Protein Read more