New report: Pork exports gain; beef exports values set record
Nov. exports of U.S. pork were the largest of 2022 in both volume and value, according to data released by USDA and U.S. Meat Export Federation summary.
Nov. exports of U.S. pork were the largest of 2022 in both volume and value, according to data released by USDA and U.S. Meat Export Federation summary.
October exports of U.S. pork were the largest in more than a year and beef export volume also increased from a year ago, according to data released by USDA.
The Quarterly Hogs and Pigs Report shows hog numbers are down 1 percent from September of last year, but up 2 percent since June.
Amidst African swine fever, inflation, and policy challenges, the global pig market remains strong, according to the Global Animal Protein Sector’s quarterly report. At the top of the pork chain is North America, while demand improves in the European Union with tighter supplies and fluctuation in Asian country supply and demand due to pandemic shutdowns and African swine fever outbreaks.
Despite the current challenges due to COVID-19, U.S. meat exports are on a record pace through February, according to the USDA.