December 23, 2024 | 14:52 GMT +7
December 23, 2024 | 14:52 GMT +7
Hotline: 0913.378.918
In the latest pork market outlook report, Rabobank forecasted global pork trade to shrink in 2022, while consumer demand is mixed in some regions.
Rabobank predicts that pig farmers will still face difficulties in 2022 as feed, energy, transportation, disease and labor costs will continue to rise.
Growth in pork production as well as global pork trade is also expected to slow due to higher feed prices.
Facing the situation, pig farmers will focus on quality, limit the increase in pig herds and are expected to decrease in regions such as the UK, Germany and Southeast Asian countries.
Also according to Rabobank, the demand for pork consumption is recorded to be mixed in some areas.
In the United States and South Korea, pork consumption is forecast to increase sharply as pandemic restrictions have been lifted. While consumption in China, Japan and Mexico decreased as these countries are still implementing strict measures against the Covid-19 pandemic with weaker economic growth.
Global pork exports in the first 6 months of 2022 are likely to continue to decline as importing countries remain cautious due to the weakening global economy and rising pork prices.
Translated by Hoang Duy
(VAN) The Vietnam Coconut Association has noted that the water coconut industry is thriving in Vietnam. Nevertheless, its development is still uneven, suggesting that there is a substantial untapped opportunity to attract foreign investors.
(VAN) According to the development plan for Can Tho in the 2021-2030 period, with a vision for 2045, the city will establish 7 high-tech agricultural zones and 2 concentrated livestock breeding areas.
(VAN) Spirulina products of a young girl in Da Nang city are currently not only present in many major provinces and cities in the country but also exported.
(VAN) From a seemingly worthless waste product, cassava residue in Tay Ninh has become an important source of revenue for starch processing enterprises.
(VAN) The cattle herd at TH organic dairy farm enjoys an antibiotic-free diet of certified organic feed and exposure to sunlight that boosts their physical activity and natural immunity.
(VAN) 2024 has proven to be a year of remarkable innovation and advancement for agriculture, a field that remains crucial in feeding a growing global population while balancing sustainability and efficiency.
(VAN) Experts from the Food and Agriculture Organization of the United Nations (FAO) highly appreciate the progress of households in the project 'Smart agriculture for future generations'.