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    Home > Active Ingredient News > Feed Industry News > China's pork exports continue to grow

    China's pork exports continue to grow

    • Last Update: 2008-11-03
    • Source: Internet
    • Author: User
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    Introduction: since July, the export of pork products in 2005 has increased by 36.9% over last year

    Between January and July, exports increased by 26.2%

    This is higher than the 27% increase in 2004

    Compared with the first seven months of 2004, Japan increased by 16.7%, Canada by 2.6%, Russia by 124.6%, South Korea by 174.7%, Hong Kong by 61.7%, mainland China by 64.3%, of which the export of pork products to Hong Kong and Mainland China increased by 18.95%, Taiwan by 14.8%, Caribbean by 71%, and other regions by 148.6%

    Pork imports between January and July were down 9.6% from last year

    In the first seven months of 2005, China imported 13.3% of pork production to the United States

    Net pork exports increased to 8.4% from 5.1% last year

    This year, 51% to 52% of the price of live pig is US $51.7 per hundredweight

    If pork exports don't rise, the price of live pigs will probably hover between $42 and $44 A hundredweight

    Imports of live pigs from Canada also fell by 9.5%

    During this period, compared with last year, the import of breeding pigs decreased by 8.65% and the import of slaughtered pigs decreased by 11.6%

    Since July, retail pork prices have fallen 0.7% in August, down 2.2% from August 2004

    Compared with the same period in 2004, retail pork prices rose by 2.9% from January to August

    All sectors of the industry benefit from these higher retail prices

    Competition, wholesaler and retail revenue all increased by 4.7%, packaging revenue also increased by 0.5%, and manufacturers' revenue also increased by 0.6% from January to August morning

    So far, it's been a good week for pigs and animals

    The highest live pig price on Friday morning was $3 higher than a week ago

    The trade in killing animals on Friday morning was between $2.82 and $3.68 higher than last week.
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