Quick Facts

• 90% of all Pigs in the world are not raised in USA-Canada
• USA pork exports over 25% of production – #1 pork exporting country in the world
• Canada pork exports – 50% of production – #2 pork exporting country in the world
• 44% of all meat eaten in the world is pork.

Genesus presentation at National Pork Industry Conference

Russia

• Russia has about two million sows
• Has basically stopped all Pork Imports
• ASF-Europe, Paylean- Canada & Brazil – renewed EU ban for 1 year
• Rapid modernization ongoing – about 25% of production still back yard
• The Russian Hog Price in some weeks recently 91 Rubles a kg 78.49¢US/lb – feed costs similar to USA – cost of production 50¢ USD/lb. liveweight
• Disease major impediment to expansion – African Swine Fever creates real uneasiness for investors
• Industry has varied production results
• Industry ownership strong links to government - border controls – leading to profits of $75 USD per head.
• Farrow to Finish – no contract barns all capital $10,000 per sow – debt repayment 8 years Investment – 2,500 sows - $25 million USD
• Genesus has exports

Genesus Nucleus farm in Russia

China

• 1.3 billion people – half the worlds hog production
• Rapid Industrialization of swine production as there is a transition from backyard and small farms to large modern farms
• Hog Prices in China were $1.43 USD/lb. ($2.75/kg) a year ago. Currently 90¢ USD/lb.
• Consumption has increased 400% to 40 kgs per person since 1990!
• High Disease will limit productivity – Many farms at 14.98 pigs sold per sow per year. 2800 lbs. per sow per year.
• Corn prices have gone down $10.50 U.S per bushel to $5.50
• Europe has gained most of import market – equivalent to 5 million hogs +
• New environmental laws force relocation of farms due to environmental up to 10% of national inventory

Genesus at Wens Group in China