South Korean pork production rebounds

19.07.2016

South Korea slaughtered 1.35 million pigs in the first five months of this year, up 6.3% from the previous year, indicating continued strong growth in South Korean pork production after producers battled PEDv in 2014, Rabobank said in its Pork Quarterly 3Q 2016 report.

The growth is supported by growing domestic demand, which has helped push prices of hogs to USD 3.70/kg in June. Rabobank sees production will continue to recover, as total sow herds are up, noting that the main challenge for the country’s pork industry is “being able to adjust production growth in line with demand.”

 


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