If the trend established in the first six months of the year holds up, U.S. beef and pork exports are likely to set several new records in 2011 and each could eclipse the $5 billion mark for the first time ever.
June pork exports were slightly higher in volume (165,786 metric tons) than last year and 6 percent higher in value ($451.2 million). This pushed first-half pork exports to 1.08 million metric tons valued at $2.81 billion – year-over-year increases of 14 percent and 19 percent, respectively. When compared to the all-time record year of 2008, the pace of this year’s pork exports is 6 percent higher in volume and 21 percent higher in value. For the first half of this year, pork exports accounted for more than 27 percent of total production with export value equal to $52.76 per head.