CATEGORY

Pork

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Category Alerts


CATEGORY ALERTS

ASF cases in Germany and Italy Spread Risks to Western Europe

August 03, 2022
alert level: Medium
CATEGORY ALERTS

Rabobank predicts a new cycle in the Chinese pork market

September 07, 2022
alert level: Medium
CATEGORY ALERTS

NRDC announces plan to release pork reserves in China

September 07, 2022
alert level: High

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Pork Market Monitoring Dashboard


Supply Demand

Understand the correlation between costs, margins, and prices impacting your category on a real time basis on Beroe LiVE.Ai™

Pork Industry Benchmarks


Savings Achieved

(in %)

The average annual savings achieved in Pork category is 5.30%

Payment Terms

(in days)

The industry average payment terms in Pork category for the current quarter is 75.6 days

Compare your category performance against peers and industry benchmarks across 20+ parameters on Beroe LiVE.Ai™

Category Strategy and Flexibility

Engagement Model

Supply Assurance

Sourcing Process

Supplier Type

Pricing Model

Contract Length

SLAs/KPIs

Lead Time

Supplier Diversity

Targeted Savings

Risk Mitigation

Financial Risk

Sanctions

AMEs

Geopolitical Risk

Cost Optimization

Price per Unit Competitiveness

Specification Leanness

Minimum Order Quality

Payment Terms

Inventory Control

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    Pork Suppliers


    9,739
    Total Suppliers
    366
    Diverse Suppliers
    71
    Normalized Supplier Rating
    Pork Supplier

    Find the right-fit pork supplier for your specific business needs and filter by location, industry, category, revenue, certifications, and more on Beroe LiVE.Ai™.

    Sample Supplier
    Company
    CARGILL INCORPORATED
    Location
    Jackson, Mississipi
    Duns number
    3862211

    D&B SER Rating

    dnb logo

    Up to 3 months

    1 9
    5
    Low Risk High Risk

    The Supplier Evaluation Risk (SER) Rating is Dun & Bradstreet’s proprietary scoring system used to assess the probability that a business will seek relief from creditors or cease operations within the next 12 months. SER ratings range from 1 to 9, with 9 indicating the highest risk of failure. We’ve prepared an infographic to help business owners better understand what influences their SER Rating.

    Moody`s ESG Solution
    ESG Profile

    Company and Sector Performance
    29

    100
    Weak (1)
    ESG Perfomance (/100)
    Environment
    38
    Social
    28
    Governance
    19
    6 Domains Performance (/100)
    Business behaviour
    38
    Human rights
    24
    Community Environment
    26
    Corporate governance
    9
    Human resources
    21
    Security Scorecard
    82

    Threat indicators
    B
    88
    Network Security
    Detecting insecure network settings
    A
    100
    Hacker Chatter
    Monitoring hacker sites for chatter about your company
    C
    77
    DNS Health
    Detecting DNS insecure configuration and vulnerabilities
    C
    75
    Application Security
    Detecting common website application vulnerbilities
    C
    74
    Endpoint Security
    Detecting unprotected enpoints or entry points of user tools, such as desktops, laptops mobile devices, and virtual desktops
    A
    97
    Cubic Score
    Proprietary algorithms checking for implementation of common security best practices
    A
    93
    Patching Cadence
    Out of date company assets which may contain vulnerabilities of risk
    A
    100
    Social Engineering
    Measuring company awareness to a social engineering or phising attack
    A
    95
    IP Reputation
    Detecting suspecious activity, such as malware or spam, within your company network
    A
    100
    Information Leak
    Potentially confidential company information which may have been inadvertently leaked

    Industry Comparison
    cargill.com
    Industry average
    Adverse Media Appearances
    Environmental Issues
    23
    Workforce Health Safety Issues
    0
    Product Service Issues
    14
    Human Rights Issues
    23
    Production Supply Chain Issues
    8
    Environmental Non Compliance Flags
    45
    Corruption Issues
    0
    Regulatory Non Compliance Flags
    25
    Fraud Issues
    5
    Labor Health Safety Flags
    48
    Regulatory Issues
    20
    Workforce Disputes
    6
    Sanctions
    0
    esg energy transition
    47
    Discrimination Workforce Rights Issues
    19
    esg controversies critical severity
    Yes

    Pork market report transcript


    Global Market Outlook on Pork

    Q1 and early Q2 witnessed a sharp decline in North American pork processing capacity due to COVID-19 pandemic. Pork processing speed was reduced due to closing of processors to prevent disease transmission.

    However, early June witnessed US pork processing rebound to near 2019 levels.

    Further, June also witnessed larger shipment of Pork to China, close to 0.129 MMT

    The 2020 hog price forecast is reduced on current price weakness and supply pressure. The 2021 hog price forecast is also reduced on higher hog supplies.

    Pork Trade Analysis

    Pork market depends on the demand from recovering markets, like Brazil, since the consumption levels in China are likely to reduce in 2018.

    Pork production relies on the global consumption levels. Pork demand in China is likely to reduce in FY 2018, due to a shift in demand for beef and poultry, since the increase in the per capita income.

    • The EU is by far the largest exporter of pork, with an increase of 46%, between 2011 and 2016
    • Export volume from the US have been mostly consistent with only an increase of 1% between 2011 and 2016
    • Major markets for pork are China, Japan, and Mexico
    • Production in countries like Russia is likely to rise by 0.5–1%, owing to the rise in investments and improved technology
    • Consumption and production are likely to recover in Brazil with the recovery in economy

    Key Producing Regions-Pork

    Procuring from US, EU or Russia is feasible since the production levels are high. Prices in EU are lower with regard to exports, owing to the abundance in supply.

    Pork is majorly produced and in China, due to the increasing trend for consuming a healthy diet. Major pork by product are also located in China, since the Chinese are not picky and use almost all parts of the pig or hog for consumption purposes.

    Regional Overview of Pork-China

    Exports to China likely to rise in the short term, due to the sudden surge in demand for pork and processed pork products.

    About 1–2% decrease in the production of pork in 2018 is expected, since the consumption is likely to decrease, due to a shift in the demand to other meat products.

    • China is the major consumer and producer of Pork, followed by the European Union and US
    • Investments by Chinese hog farmers on facilities is likely to increase with the anticipation to capture a bigger market share in world market
    • Imports are likely to remain on the higher side throughout 2017, whereas, in 2018, they are likely to reduce, due to a decrease in the demand

    Regional Overview of Pork-EU

    Abundance in supply for export and comparatively low prices make EU one of the best sourcing destinations for pork.

    No major growth or decrease is expected in production or consumption in the year 2018.

    • The EU will continue to be one of the major exporters of pork, since it has well established facilities and the prices are relatively lower due to effective production process
    • China is likely to remain the most preferred export destination despite likely reduction in the demand for pork in China during 2018
    • Japan, South Korea, and emerging markets like Brazil are likely to be the other preferred destinations for export
    • Import of Pork in EU is quite negligible when compared to other markets in the world, since they are self sufficient when it comes to production