United States: Pork exports in January below those of last year

Published 2021년 3월 11일

Tridge summary

US pork exports in January were 9% lower than the previous year at 248,656 tonnes, but slightly above USMEF forecasts, with a 13% fall in value to $642.8 million. The per head slaughtered value was $57.14, a 9% decrease from January 2019. Exports made up 28.2% of total pork production. Growth was seen in Japan, Central America, the Philippines and the Caribbean, while exports to China/Hong Kong were down from last year. There was a 2% increase in pork exports to Japan in volume and value, and a 56% increase in exports to Central America. The Philippines saw a nearly double increase in exports, and there was a 33% increase in exports to the Caribbean. However, exports to Mexico decreased in January both in volume and value.

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

Original content

In January, pork exports from the United States totaled 248,656 tonnes, 9% less than in the previous year, but slightly above USMEF forecasts. The value of exports fell 13%, to US $ 642.8 million. Growth in Japan, Central America, the Philippines and the Caribbean The value of pork exports in January was US $ 57.14 per head slaughtered, 9% less than in January 2019. Exports represented 28.2% of production total pork. As expected, pork exports to China / Hong Kong were well below last year's high volumes, reaching 76,202 t (-21%) in the amount of $ 173.3 million (-29%). Although the USMEF expects exports to the region to remain below 2020 levels throughout the year, China still has an urgent need for imported pork. Pork exports to Japan increased by 2% over the previous year, both in volume (32,332 t) and in value ($ 134.6 million). Demand for chilled pork in the USA remains very strong in the Japanese retail sector. After a record year in 2020, pork exports to Central America grew ...

Source: 3tres3