Tridge summary
September exports of U.S. pork and beef experienced increases compared to the previous year, with pork exports on a path to set annual record highs in 2024. Pork exports in September reached 238,047 metric tons, a 8% increase, and were valued at $685.1 million, marking a 6% rise. The first nine months of the year saw a 5% increase in volume and a 7% increase in value. Pork exports to Central America, Southeast Asia, and Oceania experienced significant growth. Beef exports in September totaled 103,980 metric tons, with a 5% increase in volume and a 6% increase in value. Despite a 2% decrease in volume, the value increased by 5% from January to September. Notably, pork exports to Mexico are on track to exceed $2.5 billion, and there has been substantial growth in Central American and Asian markets. Lamb exports, on the other hand, saw a decrease in September, but there has been an increase in the first nine months of the year in both volume and value.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
September exports of U.S. pork and beef were higher year over year, according to data released by USDA and compiled by the U.S. Meat Export Federation, with pork exports well positioned to set annual volume and value records in 2024. September pork exports totaled 238,047 metric tons (mt), up 8% from a year ago, while value increased 6% to $685.1 million. Through the first three quarters of the year, pork exports were 5% above last year’s pace at 2.23 million mt, with value up 7% to $6.36 billion. “U.S. pork’s September performance was especially encouraging because growth was mainly driven by small and medium-sized markets in Central America, Southeast Asia and Oceania, and pork exports to Colombia continue to reach new heights,” said USMEF President and CEO Dan Halstrom. “It was certainly another robust month for pork exports to Mexico and shipments to Japan were above last year. But the broad-based growth reflects the U.S. industry’s strong commitment to market ...
Source: Provisioner
Would you like more in-depth insights?
Gain access to detailed market analysis tailored to your business needs.
Related market data
What to read next
Read more relevant content
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.