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
Artwork: Pork Cuts Poster