March Pork, Beef Export Reach New Heights

Article from U.S. Meat Export Federation

March exports of U.S. pork were among the largest on record, concluding a very strong first quarter, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). While March beef exports were below last year – largely due to the ongoing lockout by China – the value of beef variety meat shipments reached a new monthly high, surpassing the previous record from January.

Pork exports totaled 285,567 metric tons (mt) in March, up 6% from a year ago, the largest in five years and the third largest on record. Export value increased 4% to $803.2 million, the second highest on record, trailing only April 2021. March exports increased year-over-year to leading market Mexico, as well as to Japan, Central America, the Dominican Republic, the Philippines and Taiwan. Shipments were steady to South Korea and Canada. March was an outstanding month for export value per head slaughtered, which was the third highest on record at $72.93.

Through the first quarter, pork exports were 3% above last year’s pace in both volume (778,939 mt) and value ($2.17 billion). Exports are on a record pace to Mexico and Central America.

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