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September was another solid month for U.S. red meat exports, with pork, beef and lamb totals well above year-ago levels, according to statistics released by USDA and compiled by USMEF.
September pork export volume was 183,936 mt – also down slightly from August but up 7 percent from a year ago. For January through September, export volume was 5 percent above last year’s pace at 1.66 million mt. September export value was up 8 percent from a year ago to $491 million, while January-September export value was $4.27 billion, up 1 percent from the same period last year.
Exports accounted for 24 percent of total pork production in September and 20 percent for muscle cuts only. January-September ratios were 25 percent and 21 percent, up slightly from last year, mainly reflecting growth in variety meat exports to China/Hong Kong.
Strong momentum continues for pork exports to Mexico
After a somewhat slow first half of the year, pork exports to Mexico moved higher in August and continued to climb in September – posting the second-largest monthly volume on record (66,567 mt, up 14 percent from a year ago). September value to Mexico was $131.4 million, up 25 percent from a year ago and the highest since December 2014. For January through September, exports to Mexico pulled within 4 percent of last year’s record pace in volume (510,737 mt) and moved 1 percent higher in value ($939.7 million). USMEF’s efforts to bolster pork demand in Mexico continue to pay dividends, as per capita pork consumption has increased nearly 20 percent since 2011 and now exceeds 40 pounds per year.
Monday November 7, 2016/ USMEF/ United States.
https://www.usmef.org
