Momentum continues for U.S. pork exports in February; beef exports below year-ago

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United States

Published Apr 7, 2023

Tridge summary

U.S. pork exports remained robust in February, achieving double-digit increases over last year in both volume and value, according to data released by USDA and compiled by USMEF. Beef exports were lower year-over-year but improved from the low totals posted in January. February pork exports totaled 219,729 metric tons (mt), up 11% from a year ago, while export value increased 10% to $596 million.

Original content

This included a particularly strong performance for pork variety meat exports, which jumped 40% to nearly 48,000 mt, valued at $111.8 million – up 25% and the eighth highest on record. Through February, total pork and pork variety meat exports increased 12% to 456,496 mt, valued at $1.24 billion (up 13%). “After setting a value record in 2022, the momentum for pork variety meat exports continues this year,” said USMEF President and CEO Dan Halstrom. “While this is largely attributable to a rebound in exports to China, demand is also strengthening in other markets including Mexico and the Philippines. It also reflects an improved labor situation, which has helped the U.S. industry increase its capture rate and broaden the range of destinations for pork variety meats.” Beef exports totaled 105,057 mt in February, down 3% from a year ago, while export value dropped 16% to $757.8 million. For the first two months of the year, exports were down 9% from last year’s large volume to just ...

Source: Usmef