US: Pork export value records highest figure in 30 months

Published 2024년 1월 11일

Tridge summary

The president and CEO of USMEF highlighted the impressive and widespread momentum of US pork exports, with record-large exports to Central America and new value highs in Mexico and Colombia. However, US beef exports were down in volume and value, with challenges stemming from economic conditions in large Asian markets and the rebound in Australian production. Additionally, US lamb exports also trended lower in November, despite some gains in certain markets.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

“The momentum for US pork exports is remarkable and very broad-based,” said Dan Halstrom, president and chief executive officer of USMEF. “While Mexico accounts for much of the past year’s export growth, there are success stories throughout the Western Hemisphere and across the entire globe. And the coming year also looks very promising in both established and emerging markets.” November pork exports totaled 258,601 tonnes, up 5% from a year ago and the highest in six months. Export value was up 2% to $737.4 million, the highest since May 2021 and the seventh highest on record. Pork exports’ volume and value to Central America were record-large in November. Export value reached new heights in leading market Mexico with $221.3 million (a 5% jump year-over-year) and in Colombia with $34.3 million (a 59% jump year-over-year). USMEF noted that exports also increased significantly to South Korea and Oceania. USMEF said annual records have already been achieved in Mexico, the Dominican ...
Source: Meat+Poultry

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