Pork prices in the US have seen a significant decline in the past two weeks, with the CME Pork Price Index dropping 84 cents in the latest report, marking a total drop of $2.18 over the past three days. This downturn is due to an oversupply of pigs and a decrease in demand, despite a predicted increase in pork net sales and exports. The US is expected to export 38,000 tonnes of pork in 2023, with Mexico being the primary market, and pork exports totaled 30,500 tonnes in the recent week. Meanwhile, China's pork imports have surged by 35.8% in the first two months of 2023, driven by new outbreaks of African swine fever that are expected to continue pushing pork prices higher in the country.