The forecast is that the global sow herd will decrease by 2026 as producers face greater uncertainty. Although the more restricted meat supply and lower feed costs favor the profit margins of most producers, the sector remains cautious about herd growth. The sector is increasingly prioritizing increased productivity, herd health, and carcass weight optimization to compensate for the limited growth in the herd. Notably, China's policy to reduce the number of breeding sows by 1 million, approximately 2.5% of its current base, will result in a 1% reduction in the global number of breeding sows. However, the continuous growth of the pig herd in Brazil, driven by favorable margins and strong export growth, partially offsets this decline. Global pork trade has registered an increase of 3% year-on-year as of June, with expectations to end 2025 at levels equal to or slightly higher than the previous ones. Brazil stands out as one of the main beneficiaries, expected to expand its market ...