Global price of Swine
This dataset tracks global price of swine over time.
Latest Value
100.56
Year-over-Year Change
13.40%
Date Range
1/1/1990 - 6/1/2025
Summary
The Global Price of Swine (PPORKUSDM) measures the international market price for pork. This metric is closely watched by economists and policymakers as it reflects global supply and demand dynamics for a key agricultural commodity.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Global Price of Swine (PPORKUSDM) represents the average market price for pork on the global export market. It is a key indicator of livestock production, trade flows, and consumer demand for pork products worldwide.
Methodology
The data is collected by the U.S. Department of Agriculture (USDA) through surveys of international pork exporters and traders.
Historical Context
Pork prices influence food inflation, livestock farming policies, and trade balances for many economies.
Key Facts
- Pork is the most widely consumed meat globally.
- China is the world's largest producer and consumer of pork.
- Pork prices are sensitive to feed costs, disease outbreaks, and trade policies.
FAQs
Q: What does the Global Price of Swine measure?
A: The Global Price of Swine (PPORKUSDM) tracks the average international market price for pork, a key agricultural commodity.
Q: Why is this trend relevant for users or analysts?
A: Pork prices are a leading indicator of food inflation, livestock production, and agricultural trade flows globally.
Q: How is this data collected or calculated?
A: The USDA collects the Global Price of Swine data through surveys of international pork exporters and traders.
Q: How is this trend used in economic policy?
A: Pork prices influence agricultural policies, trade balances, and inflation monitoring for many economies.
Q: Are there update delays or limitations?
A: The Global Price of Swine data may have lags of several weeks due to the time required for international trade surveys.
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Citation
U.S. Federal Reserve, Global Price of Swine (PPORKUSDM), retrieved from FRED.