US pork exports increased in July, according to the USMEF

Published 2023년 9월 8일

Tridge summary

US pork exports continue to show positive growth compared to the previous year, with a 5% increase in volume and a 1% increase in value in July. Market diversification efforts have been successful, with record exports to Mexico and increased shipments to Central America, Taiwan, Oceania, the ASEAN region, and Canada. In contrast, beef exports have declined, with lower volume and value figures in July, and a decrease of 11% in total beef exports during the first seven months of the year compared to the previous year.

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

Original content

Similar to the first half of 2023 figures, US pork export volume continues to show positive signs compared to previous year levels, according to data collected by the US Meat Export Federation. (USMEF) of the US Department of Agriculture. Pork export volume increased 5% from the previous year to 219,014 tons in July, while the export value reached $628.7 million, up 1% from the same month in 2022. USMEF said exports to Mexico continued at a record pace. At the same time, July shipments also increased significantly year-on-year to Central America, Taiwan, Oceania, the ASEAN region and Canada. During the first seven months of the year, total pork exports increased 13% to 1.69 tonnes and valued at $4.67 billion, an increase of 10%. “Market diversification has been a top priority for the U.S. pork industry and those efforts are certainly reflected again in these results,” said Dan Halstrom, president and CEO of USMEF. “In July, exports to China/Hong Kong, Japan and South Korea trended ...

Source: Agromeat