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U.S. pork exports remain on record pace through September

Christian Fernsby |
September exports of U.S. pork increased 10% year over year, keeping 2020 exports on a record pace, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF).

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Beef exports were fairly steady with last year in major Asian markets but trended lower overall.

Pork exports reached 222,475 metric tons (mt) in September, with value increasing 6% to $563.2 million.

Through the first three quarters of the year, exports were 16% ahead of last year’s record pace in both volume (2.22 million mt) and value ($5.69 billion).

The increases were even stronger for pork muscle cuts, jumping 22% to 1.87 million mt valued at $4.93 billion (up 19%).

Pork export value averaged $51.07 per head slaughtered in September, up 2% from a year ago, while the January September average increased 14% to $58.63.

Exports accounted for 26.5% of total pork production in September and 23.9% for muscle cuts only, up from 25.1% and 21.7%, respectively.

Through September, exports accounted for 29.6% of total production and 26.9% for muscle cuts, up from the 2019 ratios of 26.3% and 22.8%.

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