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