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07

2023

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03

USDA: China's Hog Production and Import in 2023

Source:

USDA

Hog production (pig crop) in 2023 is forecast to decline 2 percent to 700 million head due to a lower, on average, sow inventory in 2022 compared to 2021. In 2022, low hog and pork prices forced many producers to reduce their sow inventories due to financial difficulties. The sow inventory rebounded in late 2022 following a recovery in hog prices. 2 Animal diseases, including ASF, are expected to be endemic, increasing production costs for the sector. However, the effect of ASF outbreaks on commercial production is limited as producers appear to have adjusted production practices to manage outbreaks.

 

Hog Production to Slightly Decline

Hog production (pig crop) in 2023 is forecast to decline 2 percent to 700 million head due to a lower, on average, sow inventory in 2022 compared to 2021. In 2022, low hog and pork prices forced many producers to reduce their sow inventories due to financial difficulties. The sow inventory rebounded in late 2022 following a recovery in hog prices. 2 Animal diseases, including ASF, are expected to be endemic, increasing production costs for the sector. However, the effect of ASF outbreaks on commercial production is limited as producers appear to have adjusted production practices to manage outbreaks.

 

Hog imports-Live Hog Imports to Remain Unchanged from 2022

In 2023, hog imports are unchanged from 2022 at 5,000 head due to a large domestic sow herd.

Significant herd expansion is not expected due to sufficient domestic supplies and government policies aimed at a stable sow inventory.

In 2023, the major live hog suppliers are expected to remain the US, France, and Denmark.