Japan pork production to decline in 2017

Rising domestic consumption has kept pork prices stabilised at higher levels despite a growth in supply in Japan. In its Pork Quarterly Q4 report 2016, Rabobank noted that both local production and imports have increased, growing by 1.9% to 515,000 tonnes and 9.4% to 495,000 tonnes, respectively. 
Towards the end of the year however, domestic production is expected to stabilise and is seen to decline in 2017 as sow inventory declines. Together with an appreciating yen, this means opportunities for pork exporters.

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