February Exports Below Year-Ago Levels for U.S. Pork, Beef

February exports of U.S. pork and beef fell below last year’s levels while lamb exports trended higher, according to statistics released by USDA and compiled by the U.S. Meat Export Federation (USMEF).

Pork export volume was down 9% from a year ago in February to 186,745 metric tons (mt), while export value dropped 17% to $455.9 million — the lowest monthly value total since February 2016. For January through February, pork exports were 5% below last year’s pace in volume (388,580 mt) and 13% lower in value ($950 million).

Pork export value averaged $45.12 per head slaughtered in February, up slightly from January but 21% lower year-over-year. The January-February average was $44.93, down 16%. Exports accounted for 24% of total February pork production and ...

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