U.S. pork exports robust in January

January pork exports totaled 236,767 metric tons (mt), up 13% year-over-year, while export value climbed 16% to $643.4 million. Exports to Mexico, which finished 2022 on a remarkable run on the way to an annual record, set another volume record in January. Export volume for the month was a record 96,800 mt, up 11% from a year ago and 7% above the previous high in December 2022. January export value soared 40% to $191.2 million. Lawsuit for U.S. Pork is surging even as it faces increasing competition in Mexico, due to suspension of import duties for all eligible suppliers through the end of 2023. Mexico also recently opened to some imports from Brazil. Pork exports to the Dominican Republic also remained strong in January, increasing 28% year-over-year to 8,185 mt, while export value jumped 67% to $23.8 million. While pork production in China has recovered from its ASF-impacted lows, demand is expected to strengthen somewhat in 2023 as importers and consumers respond to the recent ...