Global: International livestock product production and trade situation in August 2024

Published 2024년 9월 24일

Tridge summary

The article discusses global trends in livestock production, trade, and prices, focusing on pork, poultry, beef, and lamb. It highlights significant increases in pork and poultry production in the US, with rising exports from the US and Brazil. Beef production in the US slightly decreased, while Brazil and Australia saw increased exports. Despite a slight decline, Australian lamb exports remained high. Price trends showed US pork and beef prices rising, EU pork prices falling, and Brazilian pork prices increasing. The FAO meat price index fell slightly in August, particularly for poultry and pork. In August 2024, global meat prices showed mixed trends: poultry, pork, and mutton prices fell, while beef prices rose. The FAO meat price index rebounded to 119.54, with dairy product prices also increasing. Future meat prices are expected to continue falling slightly, with regional variations.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

01 Livestock production, trade and prices in major countries (I) Pork Production: Recently, pork production in the United States has increased significantly; in July, pork production in the United States was 1.017 million tons, up 12.3% year-on-year; pork production from January to July was 7.255 million tons, up 2.5% year-on-year. Trade: In July, pork exports from the United States and Brazil both increased year-on-year; from January to July, pork exports from the United States were 1.875 million tons, up 4.5% year-on-year; pork exports from Brazil were 722,000 tons, up 5.9% year-on-year. Price: In August, pork prices in the United States rose slightly, still at a high level since the fourth quarter of last year, converted to 15.73 yuan/kg at the same exchange rate; pork prices in the European Union fell slightly to the level at the beginning of the year, at the same exchange rate. The exchange rate was converted to 17.18 yuan/kg; the price of Brazilian pork has risen ...
Source: Foodmate

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