Pork Trade Long Term Projections 2018 to 2029

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This dataset shows the long-run projections (Pork Trade) for the US agricultural sector to 2029 includes assumptions for the US and international macroeconomic conditions and projections for major commodities, farm income, and the US agricultural trade value. Values are from the publication United States Department of Agriculture (USDA) Agricultural Projections to 2029, October 2019.

Complexity

United States Department of Agriculture (USDA) long-term agricultural projections presented in this report are a departmental consensus on a long run scenario for the agricultural sector. These projections provide a starting point for discussion of alternative outcomes for the sector. The projections in this report were prepared during October through December 2017, with the Agricultural Act of 2014 assumed to remain in effect through the projection period. The scenario presented in this report is not a USDA forecast about the future. Instead, it is a conditional, long run scenario about what would be expected to happen under a continuation of current farm legislation and other specific assumptions.

Critical long-term assumptions are made for the US and international macroeconomic conditions, US and foreign agricultural and trade policies, and growth rates of agricultural productivity in the United States and abroad. The report assumes that there are no domestic or external shocks that would affect global agricultural supply and demand. Normal weather is assumed. Changes in any of these assumptions can significantly affect the projections, and actual conditions that emerge will alter the outcomes. The report uses as a starting point the short-term projections from the November 2017 World Agricultural Supply and Demand Estimates report. The macroeconomic assumptions were completed in October 2019.

The projections analysis was conducted by interagency committees in USDA and reflect a composite of model results and judgment-based analyses. The Economic Research Service had the lead role in preparing the departmental report. The projections and the report were reviewed and cleared by the Interagency Agricultural Projections Committee, chaired by the World Agricultural Outlook Board. USDA participants in the projections analysis and review include the World Agricultural Outlook Board; the Economic Research Service; the Farm Service Agency; the Foreign Agricultural Service; the Agricultural Marketing Service; the Office of the Chief Economist; the Office of Budget and Program Analysis; the Risk Management Agency; the Natural Resources Conservation Service; and the National Institute of Food and Agriculture.

Date Created

2016-02-01

Last Modified

2020-02-14

Version

2020-02-14

Update Frequency

Annual

Temporal Coverage

2018-2029

Spatial Coverage

United States

Source

John Snow Labs; United States Department of Agriculture (USDA);

Source License URL

Source License Requirements

N/A

Source Citation

United States Department of Agriculture (USDA), Release 2016.

Keywords

US Agricultural Projections, Projections for Major Commodities, USDA Agricultural Projections, US Macroeconomic Conditions, US Agricultural Supply and Demand Report, USDA Agricultural Prices, Pork Online, USDA Livestock Report, Pork Belly Buy Online, Pork Belly Sale, Pork Belly Prices

Other Titles

Pork Trade Projection, USDA Historical Pork Prices, Agricultural Pork Trade

NameDescriptionTypeConstraints
CountryExporters and Importers country liststring-
ItemPork Trade list regarding plantation, harvesting, usage, prices and exportsstringrequired : 1
Year_2018Forecasted Pork Trade for year 2018integerlevel : Ratio
Year_2019Forecasted Pork Trade for year 2019integerlevel : Ratio
Year_2020Forecasted Pork Trade for year 2020integerlevel : Ratio
Year_2021Forecasted Pork Trade for year 2021integerlevel : Ratio
Year_2022Forecasted Pork Trade for year 2022integerlevel : Ratio
Year_2023Forecasted Pork Trade for year 2023integerlevel : Ratio
Year_2024Forecasted Pork Trade for year 2024integerlevel : Ratio
Year_2025Forecasted Pork Trade for year 2025integerlevel : Ratio
Year_2026Forecasted Pork Trade for year 2026integerlevel : Ratio
Year_2027Forecasted Pork Trade for year 2027integerlevel : Ratio
Year_2028Forecasted Pork Trade for year 2028integerlevel : Ratio
Year_2029Forecasted Pork Trade for year 2029integerlevel : Ratio
CountryItemYear 2018Year 2019Year 2020Year 2021Year 2022Year 2023Year 2024Year 2025Year 2026Year 2027Year 2028Year 2029
JapanImports, thousand metric tons, carcass weight148115101515152515351551156515781590160316171629
ChinaImports, thousand metric tons, carcass weight156126003500380140004155424643414439453546074688
Hong KongImports, thousand metric tons, carcass weight423350375411434457477497517535552570
South KoreaImports, thousand metric tons, carcass weight753700700759792816840865888911938965
PhilippinesImports, thousand metric tons, carcass weight286265350375401425448469487504523542
AustraliaImports, thousand metric tons, carcass weight216260240232239245251257263268273279
Other Asia and OceaniaImports, thousand metric tons, carcass weight402435463498539577607632652672692708
RussiaImports, thousand metric tons, carcass weight8713080778081828387899192
Other FSUImports, thousand metric tons, carcass weight153150155160164169173177182187191196
Other South AmericaImports, thousand metric tons, carcass weight311375419443470495519548574599627654
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