The good news is that pork consumption is increasing and feed and energy costs and inflation are declining.
Continuing trade issues, disease outbreaks in specific markets and potential local production shortfalls in Asia, South America and northern Mexico are prompting some producers to reconsider their rebuilding plans in the fourth quarter, the report said.
With the global sow herd holding steady in the third quarter of 2024, producers are responding to disease outbreaks in the European Union, South Korea and Russia.
