Pork Exports Up, Beef Down

U.S. pork exports showed modest improvement in September while beef exports endured the most difficult month in some time, according to statistics released by USDA and compiled by the U.S. Meat Export Federation (USMEF).

September pork export volume was up 6 percent from a year ago to 172,012 metric tons (mt). Export value was $456.1 million, down 11 percent year-over-year but the highest since May. Pork exports through the first nine months of the year declined 4 percent in volume (1.58 million mt) and 17 percent in value ($4.21 billion) compared to January-September 2014.

Beef export volume fell 21 percent from a year ago in September to 79,474 metric tons (mt) and value was down 28 percent to $456.6 million – the lowest since January. For the first nine months of 2015, exports were down 12 percent in volume (782,705 mt) and 8 percent in value ($4.8 billion).

Exports to Mexico, the leading volume destination for U.S. pork, fell slightly in volume in September but climbed 5 percent through the first nine months of the year to 529,798 mt, while export value fell 20 percent to $932.6 million.

September exports to Canada were the largest of 2015, though January-September volume was still down 5 percent to 148,669 mt and value was 13 percent lower at $589.9 million.

Japan remains the leading value market for U.S. pork, despite January-September value declining 18 percent year-over-year to $1.23 billion. Export volume to Japan was down 12 percent to 314,760 mt.

Beef export value in September equated to $233.80 per head of fed slaughter – down nearly $80 from a year ago. For January through September, per-head value was $280.46 – down $6.36 from the same period last year. Exports equated to 13 percent of total beef production and 10 percent for muscle cuts only – both down 1 percentage point from the first nine months of last year.

September exports to leading market Japan fell 34 percent in volume (15,386 mt) and 36 percent in value ($99.7 million) from a year ago. For the first nine months of the year, exports to Japan were down 12 percent in volume (161,961 mt) and 14 percent in value (just over $1 billion).

For January through September, U.S. lamb exports fell 17 percent in volume to 6,714 mt year-over-year and were down 32 percent in value to $14.3 million. Exports expanded to the Middle East — up 49 percent in volume to 271 mt and 2 percent in value to $874,000 — but declined to Mexico, Canada and the Caribbean.

Source: U.S. Meat Export Federation

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U.S. Pork, Beef Exports Surge in March

The pace of U.S. beef and pork exports increased sharply in March, driven by double-digit increases to leading markets Mexico, the China/Hong Kong region and South Korea, according to statistics released by the USDA and compiled by the U.S. Meat Export Federation (USMEF). U.S. pork exports reached their highest monthly total since October 2012: 209,704 metric tons (mt) valued at $606.7 million, increasing 29 percent in both volume and value over March 2013. Exports of U.S. beef rose 12 percent in volume to 93,380 mt valued at $516.2 million, an increase of 17 percent. When measured in proportion to overall U.S. beef and pork production, March exports also showed gains. Total pork exports (muscle cuts plus variety meat) equated to 31.5 percent of total U.S. pork production in March (26 percent of muscle cuts alone) versus 28 and 23.5 percent, respectively, a year ago. Beef exports accounted for 14 percent of total production and 11 percent of muscle cuts – up from 12 and 9 perce

U.S. Beef Exports Climb, Pork Steady

U.S. beef exports set new records in August with export value topping $750 million for the first time, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). August pork exports were fairly steady with last year’s volume, but retaliatory duties in key markets continued to pressure pork export value. August beef exports totaled 119,850 metric tons (mt), up 7 percent from a year ago, valued at $751.7 million – up 11 percent year-over-year and easily exceeding the previous record of $722.1 million reached in May 2018. For January through August, beef exports totaled 899,300 mt, up 9 percent from a year ago, while value climbed 18 percent to $5.51 billion. August exports accounted for 13.2 percent of total beef production, up from 12.5 percent a year ago. For beef muscle cuts only, the percentage exported was 11.2 percent, up from 10.4 percent last year. For January through August, exports accounted for 13.5 percent of total beef production and 1

Pork Exports Still Down

U.S. beef exports remained on a record-shattering value pace in October, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). October pork exports trended seasonally higher compared to recent months but were still below the results posted in October 2017. Lamb export volume in October more than doubled year-over-year, while value increased nearly 50 percent. October pork export volume was 207,725 mt, the largest since May but still 2 percent lower year-over-year, reflecting smaller variety meat exports. Export value ($536.5 million) was also the largest since May but still down 5 percent from a year ago. For January through October, pork exports were 1 percent above last year’s record pace at 2.02 million mt, while value was also up 1 percent to $5.33 billion. For pork muscle cuts only, January-October exports increased 5 percent from a year ago in volume (1.63 million mt), valued at $4.43 billion (up 2 percent). Source: U.S. Meat Export Fed

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