US pork exports declined in July

In July the US pork export volume reported an annual decline for the first time in 15 months, although the exports saw a significant growth in Mexico, South Korea, and South America, according to the data published by USDA and analyzed by USMEF.

Pork exports from the United States were down by 4% in July this year compared to the same period in 2016, reaching a total of 173,675 mt worth 488.9 million dollars. In the January-July period, the volume increased by 11% compared to 2016, to 1.43 million mt, while export value was up 13% to 3.7 billion dollars.

In July, from the total pork production, exports represented 26%, down from 27.5% in 2016, and 21% for muscle cuts only, down from 23%. For the first seven months of the year, with US production at a record pace, the percentage of total production exported increased from 25.6% to 27.5%.

For muscle cuts only, the increase was from 21.6% to 23%. Export value per head slaughtered in July was 54.22 dollars— up slightly from June but 3 percent below last July. The January-July per-head average increased 10 percent from a year ago to 54.11 dollars.

euromeatnews.com