U.S. pork export value up by 9%, while beef exports down by 7% in volume and value

Published 2022년 11월 7일

Tridge summary

U.S. pork exports have seen a consistent increase for the second month in a row in September, surpassing the previous year's figures, with a 1% rise in volume and a 9% increase in value. Despite a slight dip in beef exports in September, they still remain on a record pace for the first nine months of the year. Pork exports were primarily to Mexico, Japan, China/Hong Kong, South Korea, the Caribbean, and Colombia, while beef exports saw mixed results, with increases to China/Hong Kong, the ASEAN region, and the Caribbean, but decreases to Korea, Japan, and Taiwan. Lamb muscle cut exports also rebounded in September, showing a significant increase compared to the previous year.

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

Original content

U.S. pork exports topped year-ago totals for the second consecutive month in September, according to data released by USDA and compiled by the U.S. Meat Export Federation. September beef exports were below last year for the first time in 2022, but exports remain on a record pace through the first three quarters of the year. Pork exports reached 222,202 metric tons in September, up 1% from a year ago. Export value increased 9% to $664.8 million – the highest since June 2021. Through September, pork exports were 13% below last year at 1.94 million mt, valued at $5.57 billion (down 11%). September pork exports were once again led by Mexico, though shipments slipped below year-ago volume for the first time since early 2021. Exports rebounded to Japan, strengthened to China/Hong Kong and South Korea, and continued on a record pace to the Caribbean and Colombia. "It's very encouraging that U.S. pork exports continue to gain momentum, especially on the value side," said USMEF President ...

Source: NationalHogFarmer