USA: November pork export value highest in 30 months
Other Frozen Pork Cuts
Frozen Bone-In Beef
Meat
United States
Market & Price Trends
Published Jan 18, 2024
Tridge summary
In November, U.S. pork exports reached their highest value since mid-2021, with record performances in Mexico, Central America, and Colombia. U.S. beef exports slowed, recording their third-lowest value of 2023, with challenges in Asian markets. However, pork exports to Mexico reached a value record of $221.3 million, and exports to Central America and Colombia also set records.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.
Original content
Fueled by record performances in Mexico, Central America and Colombia, November exports of U.S. pork reached the highest value since mid-2021, according to data released by USDA and compiled by the U.S. Meat Export Federation. U.S. beef exports slowed in November, recording the third-lowest value of 2023. November lamb exports also trended lower. November pork exports totaled 258,601 metric tons (mt), 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. For January through November, exports totaled 2.64 million mt, up 8% from a year ago, valued at $7.39 billion (up 5%). “The momentum for U.S. pork exports is remarkable and very broad-based,” said USMEF President and CEO Dan Halstrom. “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 ...
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