Strong momentum continues for U.S. beef and pork exports

Published 2021년 6월 9일

Tridge summary

In April, U.S. beef and pork exports reached new highs, with beef exports setting a value record at $808.3 million and pork exports achieving the fourth largest value on record at $749.2 million. From January to April, beef exports were 5% ahead of the previous year in volume and 10% ahead in value, while pork exports were 5% below the previous year in volume and 3% below in value. China's imports of U.S. beef have seen a significant increase, and there has been growth in pork exports to Mexico, Central America, and the Philippines, despite challenges such as COVID-19 and logistical issues.

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

Original content

Following a record-breaking March performance, exports of U.S. beef and pork continued to build momentum in April, according to data released by USDA and compiled by USMEF. April exports of U.S. beef set another new value record at $808.3 million, up 35% from a year ago, with export volume reaching 121,050 metric tons (mt) – up 23% year-over-year and the fifth largest on record. For beef muscle cuts, exports were the third largest ever at 94,656 mt (up 21%), valued at a record $726.7 million (up 36%). For January through April, beef exports moved 5% ahead of last year’s pace at 454,398 mt, with value up 10% to $2.93 billion. Beef muscle cut exports were up 8% to 357,570 mt, valued at $2.63 billion (up 12%). Pork exports were the sixth largest on record in April at 269,918 mt, up 2% from a year ago. Export value was $749.2 million, up 10% and the fourth highest on record. Pork muscle cuts followed a similar trajectory, increasing 3% in volume (224,179 mt) and 10% in value ($641.7 ...

Source: Usmef