Global livestock product market situation in November 2024

Published 2024년 12월 20일

Tridge summary

The article provides an overview of the dynamics of livestock and dairy products across major countries and international markets, focusing on October 2023 for most data points but also providing year-to-date figures. It highlights increases in the production and exports of pork, poultry, and beef in the United States and Brazil, alongside rising prices in these markets, particularly for pork and poultry. Europe sees a decline in pork and chicken prices, while Brazil's chicken prices surge. Beef prices in the United States fall despite remaining high, and there's an uptick in Brazilian beef prices. Australia's lamb exports experienced growth, although exports to China saw a decrease. The article also mentions that the FAO meat price index saw a slight drop in November, with specific changes in pork, poultry, beef, and mutton prices, while the global dairy price index increased in November, continuing a trend of rising prices over the past several months.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

1 Production, trade and prices of livestock products in major countries (I) Pork In terms of production, the US pork production in October was 1.149 million tons, a year-on-year increase of 5.2%; the pork production from January to October was 10.445 million tons, a year-on-year increase of 2.5%. In terms of trade, in October, the pork exports of the United States and Brazil both increased year-on-year. From January to October, the US pork exports were 2.643 million tons, a year-on-year increase of 4.7%, and the Brazilian pork exports were 1.083 million tons, a year-on-year increase of 9.2%. In terms of price, the US pork price continued to rise. According to the exchange rate of the same period, the wholesale price of pork cuts in November was 15.48 yuan/kg. The EU pork price continued to fall. According to the exchange rate of the same period, the pork price in November was 14.75 yuan/kg. kilograms. Brazilian pork prices continued to rise, at a high level for the same period. ...

Source: Foodmate