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China’s live hog futures fell nearly 5% on May 19, hitting the lowest level since their January launch, as weak spot prices and expectations of improved production weighed on the market.

China’s hog production recovery still faces uncertainties and risk of African swine fever outbreak remains “relatively great,” the country’s agriculture ministry said.

In 2020, the U.S. exported $1.6 billion of pork products to Japan – a 6.7% increase from 2019 – making Japan the No. 2 overseas market for U.S. pork. Here’s USDA’s GAIN update on the U.S.-Japan Trade Agreement.

Skyrocketing pork prices, a shortage of packing plant workers and flat domestic consumption are all contributing to a multitude of dynamics in the pork market. John Payne shared his view on the market with AgDay TV.

Piglets born to heat-stressed sows may carry the burden of their mom’s discomfort later in life in the form of health complications and diminished performance, reports USDA’s Agricultural Research Service.

A fire killed 12,000 pigs and destroyed two buildings at a southern Minnesota farm on May 16. No injuries were reported for farm staff or fire crews.

Vietnam’s pork production is on a rapid path to recovery after African swine fever decimated its herd in 2019. Although outbreaks continue to recur, most are sporadic, small-scale and quickly contained, USDA said.

Last month, in an effort to address a severe pork shortage in the Philippines, President Rodrigo Duterte temporarily reduced tariff rates on imported pork cuts and announced plans for a larger pork import quota.

Retail pork prices set an all-time high in April at $4.32 per lb, up 3.8% from March and 11% higher than last year. Retail prices for Choice beef reached $6.76 per lb, up 4.2% from March and 4.8% from a year ago.