The U.S. livestock sector is projected to increase pork production

According to USDA Agricultural Projections to 2024, lower feed costs and a rebound from the Porcine Epidemic Diarrhea virus (PEDv) led to a large rise in pork production in 2015. With demand projected to be strong over the next decade and only moderate projected increases in feed costs, producers are expected to increase farrowings. The number of pigs saved per litter also rises. Consequently, pork production rises over the projection period, with increases also supported by rising slaughter weights.

U.S. meat production

Source: SDA Agricultural Projections to 2024

U.S. pork exports are projected to rise over the next decade. Production efficiency in the U.S. pork sector enhances the sector’s international competitiveness. Pacific Rim nations and Mexico are key markets for long — term growth of U.S. pork exports.

Although Russia’s recent ban on imports from several countries is assumed to end, Russia’s pork imports are projected to continue to drop over the next decade, reflecting continued use of policies to facilitate expansion of its domestic pork industry and limit reliance on imports — these policies affect pork exports from the United States.

Pig333