News

Value of U.S. pork exports hit highest level in 3 years

Published May 27, 2024

Tridge summary

In March, the U.S. saw a 12% increase in pork exports, reaching $70.85 per slaughter head, the highest in three years and the fifth highest ever. The first quarter average rose to $64.25 per slaughter head, up 7% from the previous year. Additionally, the quarter saw an increase in pork exports, with 32.2% of meat and 27.9% of pork cuts exported, compared to 29.1% and 25% respectively from the same period last year. Overall, exports accounted for 29.9% of total pork production in the first quarter of 2024, up from 28.2% in the same period of 2023.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to the U.S. Department of Agriculture (USDA) and the U.S. Meat Export Federation (USMEF), the value of pork exports rose to $70.85 per slaughter head in March, up 12% from the same month last year. This is reported by the US pork portal thepigsite.com. As the publication writes, this figure is the highest in the last 3 years and the fifth highest ever recorded. As a result, the average for the first quarter of 2024 rose to $64.25 per slaughter head (+7%). It is also reported that of the total pork produced in March, about 32.2% of meat and 27.9% of pork cuts were exported, significantly higher than the ...
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