US lamb exports post largest volume since January

Published 2024년 10월 10일

Tridge summary

U.S. pork exports in August 2024 increased by 6% year over year, with Mexico being the leading market, and the export value rose by 8% to $702.9 million. Despite a decrease in beef exports, they were still 3% higher in value. Lamb exports saw the largest volume since January, increasing by 170%. From January to August, pork exports were up by 4%, and beef exports were down by 3%, but were 4% higher in value. Lamb exports also saw a 20% increase in volume and a 23% increase in value.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Fueled by another solid performance from Mexico, August 2024 exports of U.S. pork increased year over year, according to data released by USDA and compiled by the U.S. Meat Export Federation. U.S. beef exports were below year-ago levels in August while lamb exports trended higher, posting the largest volume since January. August pork exports totaled 238,989 metric tons, up 6% from a year ago but the second lowest of 2024. Export value increased 8% to $702.9 million. For January through August, pork exports were just under 2 million mt, up 4% from a year ago, while valued climbed 7% to $5.68 billion. Pork export value was on a record pace through August, and USMEF projects both export volume and value will reach record highs in 2024. “Mexico was once again the pacesetter for U.S. pork, but demand throughout the Western Hemisphere was outstanding in August,” said USMEF President and CEO Dan Halstrom. “Shipments to South America posted the highest value on record, while exports to ...

Source: Provisioner