WEEKLY PIG INDUSTRY REVIEW BY DR. ABRAHAM W41

Dear readers,

The swine industry still has some good news:

  • U.S. pork exports increased in August, reaching 192,376 Tons, a 7.1% increase from the previous year, following a 14% rise in July. Year-to-date pork exports are up 5.2%. Top markets are Mexico, with exports up 6.6%, newcomer in the top is Colombia, with a  85% surge, surpassing China in volume for the month.
  • Two Republican State Representatives in Ohio introduced legislation to regulate the labeling of alternative meat products. The Bill would deem alternative proteins as “misbranded” if the packaging included the “identifying meat terms” of beef, wing, cold cut and other animal protein terms. Only if the packaging also included such words as “imitation,” “fake” or “vegan” would it be eligible for sale in Ohio. The bill would also prevent school boards from purchasing misbranded alternative-meat products. If a food manufacturer’s products were classified as “misbranded” , companies could face civil penalty of up to $10,000 for each day a violation occurs.
  • Two new U.S. pork products have been introduced in a Chilean supermarket chain, following market research, product development, and consumer testing led by the U.S. Meat Export Federation (USMEF).
  • In Canada Maple Leaf Food has revealed the name of its pork business, which will soon be spun off as a separate publicly-traded company: “We are thrilled to launch Canada Packers as the new name for our future independent pork company,” said Dennis Organ, president of Maple Leaf Foods’ pork complex and incoming CEO of Canada Packers.

Events calendar:

  • The Street Food Business Expo is considered the premier European event for the world of street food. „Street Food” refers to dishes that are sold on the streets – a tradition rooted in many cultures around the world that has, in recent times, evolved into a defining trend. It will take place on 2 days from Tuesday, 15. October to Wednesday, 16. October 2024 in the  ExCeL center, in London, U.K.
  • The Farmer Expo in Chișinău is a prestigious annual event held every October at the MoldExpo International Exhibition Center. It is organized and supported by the Ministry of Agriculture, Regional Development, and Environment of the Republic of Moldova. This trade fair takes place on 4 days from Thursday, 17.10.2024 to Sunday, 20.10.2024.
  • SIAL Paris, a biennial trade fair first held in 1964, is recognized as one of the world’s leading food exhibitions. Exclusively for professionals in the food industry. It takes place in even-numbered years each October at the prestigious Paris-Nord Villepinte Exhibition Center, now on 5 days from Saturday, 19. October to Wednesday, 23. October 2024.
  • Swine Day Romania will take place in Bucharest, in the campus of the Life Sciences University of Bucharest, on two days:18-19 of October. Hundreds of specialists will gather to debate the current situation of the swine industry and lecture many interesting presentations on current topics.

Is There Something I Should Know?

            As you can see, the good news are from other continents. While we are facing political decisions against animal husbandry and in the favor of fake meat, the US is protecting this industry. How can we be competitive and profitable, if we go in the opposite direction?

            For instance, in the Netherlands, in week 40, 279,000 pigs were slaughtered, compared to 293,000 last year. Exports amounted to 15,000 animals, which was 1,000 animals more than last year. This supply of pigs is well absorbed in the Netherlands, partly because the meat market in Europe is doing reasonably well. The slaughterhouses earn a nice profit from the pigs.

            The other major player in the region, Denmark, has done some major management changes in the company, as you have already red.  Now the new CEO has announced the layoff of approximately 500 persons from the offices. This measure, combined with some other adjustments, is expected to have an impact of around 67 million euro on the yearly budget of the cooperative. Meanwhile more and more piglets are exported form Danmark overall, but also the competing Danish slaughterhouses increased their slaughterings. The annual meeting of the DC cooperative members, due in 2 weeks, could become a quite noisy one.

            Austrian slaughterhouses already reduced purchasing prices with 5 cents in a maneuver that may anticipate a decrease of the German reference price next week. While statistically we could expect this, nothing is justifying it. There are no reports of significant available frozen pork stocks and, even average pig weight did increase, the German slaughterhouses are constantly asking more pigs.

            Is there something I should know?

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