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Global Pig Meat Production Set to Decline

  • 11 Jul 12:12

Overall world meat production is predicted to stagnate at about 321 million tonnes in 2016. Poultry is forecast to register some growth, followed by bovine and ovine meat, while pigmeat output could decline, according to the June 2016 FAO Food Outlook. World production of pigmeat in 2016 is forecast todecrease marginally, by 0.7 percent to 116.4 million tonnes,thus registering a second year of virtual stagnation. As in2015, lower output in China, which accounts for almosthalf the world total, is the main reason for the slowdown. An unfavourable feed-pork price ratio in the country andnew environmental regulations have caused farmers toreduce breeding. Read more...