In December, CPI staff attended the annual GIRA Meat Club conference held in France.
GIRA is a strategic consultancy and market research firm specializing in food and drink sectors throughout Europe and around the world with specific expertise in the meat, fish and dairy industries.
Membership in GIRA provides CPI with in-depth research and analysis of world meat market trends affecting pork production, consumption and trade internationally.
Overview of 2013
In 2013, all countries faced issues surrounding high and volatile feed costs:
| — | Global production increases (in spite of feed cost issues) were mainly the result of increased productivity of the Chinese herd; | | — | Increasing global consumption, especially in China, compared to decreasing consumption in the EU and Japan; | | — | Decreasing trade volumes came as a consequence of lower production in key exporting countries like United States, Canada, European Union as well as sporadic bans on exports from Brazil; | | — | Continued high feed costs; | | — | Challenging year for processors. |
Predictions for 2014
In 2014, lower feed costs should contribute to an improvement in production and trade for major regions:
| — | Production will be positive mainly due to China and the US; | | — | Global consumption will increase, anticipating the same growth as in 2013; | | — | Trade flow is expected to grow in 2014 following a decline in 2013 although it is not anticipated to reach 2012 volumes; | | — | Producer prices expected to increase for major pork producing regions but lower feed costs are only guaranteed for the first half of 2014. |
Source : Gira 2013
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