According to experts, despite the fact that in the US, EU, Brazil, India, Mexico, Canada and Russia is expected to increase production, for its acronym in China and in Australia will determine the overall downward trend. Except for the last two countries, the total production of meat the rest of the world will grow by 1.4%.

The volume of global meat trade is forecast to recover in 2016, an increase of 4.4% to 31.1 million tonnes.

For example, in the UK, consumer spending on pork was down 12%, on an annualized basis, for the 12 weeks to 11 September, according to industry organization AHDB. However, lower prices are still unable to stop the decline in sales.

In Latvia continues to experience a deep crisis for local producers of meat products. In recent years more and more imported meat appears on the shelves of local stores, displacing the products of Latvian farmers. The pig industry in Latvia today is experiencing great difficulties. For example, molokoobrazovanie and pork producers more than others has suffered from the retaliatory sanctions of the Russian Federation. Prepared by the Ministry of agriculture of Latvia calculations, due to retaliatory food embargo of the Russian Federation by the end of 2016, losses to dairy farmers reached 132.7 million euros, and in the case of the renewal of sanctions for 3.5 years, the figure will reach 233,5 million Euro. In the pig industry losses by August 2016 to reach 23 million euros, and in the case of the renewal of the embargo – € 33.2 million.