In 2022, milk production in the European Union 27 Member States (EU27) is forecast to increase by 0.2 percent to 150.45 million metric tons (MMT) compared to 2021. As EU liquid milk consumption is flat, most additional milk goes to processing. Cheese production is the main use and EU27 cheese production is forecast to increase [...]
The Philippines imports 99 percent of its dairy requirement as domestic production cannot meet the annual demand of 2.9 million metric tons (MT) liquid milk equivalent, according to the National Dairy Authority (NDA). Following declines in demand in 2021 due to the pandemic, dairy imports are expected to recover in 2022 as the economy reopens, [...]
For the past 12 years, drought limited pasture for grazing and forced down milk production. In MY2021 milk receipts remained flat at 1,171 million liters. However, domestic demand for dairy products remains strong, pushing up total imports 35.8 percent in MY2021. The United States is the main supplier of dairy products to Chile with a [...]
The United Kingdom’s departure from the European Union on December 31, 2020, and the Covid pandemic have both presented challenges and opportunities for the livestock sector. These include changes to consumption demand, both domestically and in export markets, and on supply, through developments in logistics, labor, and terms of trade. In CY2022, more stability in [...]
Post forecasts that the cattle herd will grow four percent in 2021 and 2022, while beef production is forecast to decrease six percent in 2021, reaching 9.5 million tons Carcass Weight Equivalent (CWE), but increase two percent in 2022. Post forecasts beef consumption for 2021 at 6.93 million tons (CWE), which is an eight percent [...]
Low prices and disease outbreaks in 2021 led to significant slaughter and delayed restocking. Pork production in 2022 will decline by 14 percent as fewer hogs come to market and government policies designed to limit price fluctuations inadvertently undermine expansion. Pork imports will rise to 5.1 million MT as consumer demand for pork exceeds domestic [...]
FAS/Tokyo projects cattle stocks to increase in 2022 as MAFF support programs continue to incentivize farmers to expand production. Due to a large cross breed cattle population and a growing wagyu population, FAS/Tokyo projects 2022 slaughter numbers to be up slightly and for beef production to be around 485,000 MT. In 2021, high swine beginning [...]
Beef consumption has increased in Thailand over the last few years, and local cattle production will not be able to meet the increase in demand. The majority of imported beef comes from Australia and New Zealand due to lower prices through free trade agreements with the United States being the fourth largest supplier of beef [...]
Post forecasts beef production to grow to 2.19 million metric tons (MMT) carcass weight equivalent (CWE) in 2022, up 3.3 percent from 2021. The main drivers are solid exports, chiefly to the United States, and a recovery in domestic demand. Post also forecasts pork production to reach a record at nearly 1.54 MMT CWE in [...]
As countries roll back COVID-19 restrictions, foreign market demand for beef is becoming a bright spot for U.S. producers. With record U.S. beef production forecast this year, U.S. beef exports are forecast to strengthen their position in the global marketplace. Meanwhile, lower production in Australia and tighter exportable supplies from Argentina are expected to limit [...]