July Pork Exports Reach New Heights; Beef and Lamb Exports also Strong
U.S. pork exports were record-large in July while beef exports were relatively steady with last year’s strong results, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF).
July pork exports surged to 233,242 metric tons (mt), up 32% year-over-year and topping the previous record from April 2018. Export value was $623.3 million, up 34% and breaking the previous high reached in November 2017. These results pushed January-July exports 2% ahead of last year’s pace at 1.48 million mt while value was down 2% at $3.77 billion.
Pork export value averaged $58.92 per head slaughtered in July, up 22% from a year ago and the highest in five years. January-July export value averaged $51.33 per head, down...
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