Compared to December, the producer price of slaughter pigs decreased in Hungary

Hungary's live pig exports increased by 9.5 percent in January-October 2022 compared to January-October 2021, while imports decreased by 9 percent. The quantity of pork sold on the international market did not change significantly, its value increased by 27 percent during the observed period. The volume of pork imports was 18 percent higher and the value 46 percent higher. Let's take a look at the parts of the American, EU and domestic pork markets. According to a January analysis by the United States Department of Agriculture (USDA), US pork production may decrease by 2 percent in the first quarter of 2023 compared to the amount produced in January-March 2022. USDA experts expect a 4 percent reduction in the producer price of fattening pigs in the comparison under study. No change is expected in internal consumption, pork sales may increase by 4 percent on the international market during the observed period. Live pig imports of the USA will not change significantly, while pork ...