Pig production report in Argentina on October 2024

Published 2024년 10월 29일

Tridge summary

The FADA Foundation's latest Pork Monitor report reveals a decrease in Argentina's pork production and pig slaughter in September 2024, compared to both the previous month and the year before. Despite this, per capita pork consumption remained steady. Pork breast shelf price experienced an significant increase in September, while pork exports in August saw a 25% rise compared to the same month in 2023. However, Argentina's trade balance remains in deficit. The report also mentions that Argentine pork prices are lower than other markets such as China and the United States.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The FADA Foundation presented the latest Pork Monitor report, highlighting the main indicators of production, consumption and foreign trade of pork in Argentina for September and October 2024. During September 2024, pork production reached 61,844 tons, experiencing a decrease of 6.7% compared to the previous month and a year-on-year decrease of 4.1%. Pig slaughter also reflected a monthly decrease of 6%, totaling 657,979 heads. Despite these decreases, per capita consumption of pork remained at 16.8 kg per year per inhabitant. The shelf price of pork breast rose 8.2% in September compared to the previous month, showing a year-on-year increase of 187.3%. However, in real terms, the monthly increase was 4.6%, while compared to September 2023, the adjusted price fell by 7%. In October 2024, the average price of general capon reached $1,600 per kilo, with an increase of 6.7% compared to the previous month and a year-on-year increase of 131%. Exports of pork products in August totaled ...
Source: Infopork

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