The main coverage this month is an analysis of the trends in the world meat consumption as affected by the African Swine Fever in China and the worldwide COVID-19 pandemic. The analysis covers the world trends and trends in the major countries involved in world production and trade.
World meat consumption is forecast to fall again in 2020 due mainly to China’s loss of pig meat production. This will keep prices for all meats strong, at least over the next 12 months.
There are 15 GRAPHS included in this main analysis, these being:
World Meat Consumption since 1990
China's Meat Consumption since 1990
China's Piglets per Sow since 2000
World Pig Meat, Beef, Poultry and Sheep Meat Consumption since 1990
World Pig Meat Consumption since 1992
Total Meat Consumption outside China since 1990
World Beef Consumption since 1990
World Beef Consumption less China since 1990
World Beef Consumption per Person since 1990
World Chicken Consumption since 1992
World Chicken Consumption per Person since 1990
China's Meat Consumption Trends since 1990
US Meat Consumption Trends since 1999
EU Meat Consumption Trends since 1999
Brazil Meat Consumption Trends since 1999
ECONOMIC OVERVIEW discusses the similarities and differences between the African Swine Fever (ASF) outbreak and the COVID-10 pandemic. Both have changed many aspects of the world economy while the ASF changes may lead to lower meat prices in a year or so, COVID-19 may have longer lasting negative economic effects.
China's Pig Recovery Buildings are shown GRAPHICALLY as well as a source of a video showing one such development.
An "Interesting Trend" on page 7 looks at the increasing trend in Japan's meat consumption, driven mainly by the younger generation.
The newsletter also brings you up to date with the latest developments in the price of the major agricultural commodities as well as comments on general trends in the world economy.
These updates all include up to date GRAPHS which cover price movements over the last 12 months unless otherwise stated.
These GRAPHS include:
Australian Bond & Bill Interest Rates
Japan's Meat Trends since 1999
US$/A$ Rate (daily)
CRB Index (daily)
US KC Wheat Futures in A$/tonne terms
US Soybean Futures in US cents/bushel
US Corn Futures Prices in US cents/bushel
Wool Price Indices for EMI & Northern Indicators
US Cotton Futures Prices in US cents/lb and Aust cents/lb on a weekly basis
US Cattle Futures Prices for Feeder and Live Cattle
WORLD ECONOMIC INDICATORS brings you up to date with some of the major indications of and trends in the world's economic health.
This Newsletter provides an excellent overview of the recent trends in many areas of world agriculture.