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US pork exports see a rapid start for 2024

Other Frozen Pork Cuts
Published Mar 12, 2024

Tridge summary

US pork exports have started strong in 2024, with a 6% increase from the previous year, led by Mexico and other Western Hemisphere and Asia-Pacific markets. Beef exports saw a slight decrease in volume but a 9% increase in value, with significant growth in the Middle East and Central America. Lamb exports also reached their highest value in over four years. Despite a challenging outlook for beef supply in 2024, the upward trend in export value is seen as a positive sign.
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

U.S. pork exports raced to a solid start in 2024, according to January data released by USDA and compiled by USMEF. While January beef exports were slightly below last year’s volume, export value trended significantly higher. Lamb exports were also strong in January, posting the highest value in more than four years. Although January pork exports were led by another powerful performance in leading market Mexico, U.S. pork continued to make gains in a wide range of Western Hemisphere and Asia-Pacific destinations. Pork exports totaled 251,424 metric tons (mt) in January, up 6% from a year ago, while export value also increased 6% to $682.1 million. “Mexico’s demand for U.S. pork is so spectacular that it tends to overshadow other great success stories,” said USMEF President and CEO Dan Halstrom. “It is especially gratifying to see other markets following the trail blazed by Mexico, as purchases expand beyond raw material for further processing to include center-of-the-plate cuts, ...
Source: Provisioner
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