A Feedstuffs article explains July pork exports and how it was impacted positively in July.
Pork exports in July were steady with last year at 221,809 mt, but export value jumped 20% to $657.3 million. Pork variety meat exports were especially strong at 49,092 mt, up 54% from the low total posted a year ago and 16% above July 2019. Variety meat export value was the second highest on record at $116.7 million, up 69% from a year ago and 39% above 2019.
July pork exports were driven mainly by growth in Mexico, Central America, Colombia and the Philippines, while chilled pork exports continued to strengthen to Japan and South Korea.
USMEF relayed that July pork exports to Mexico pulled back from the very large totals posted in May and June, but volume still increased 18% from a year ago to 66,442 mt. Value, on the other hand, soared 81% to $146.5 million. Through July, exports to Mexico were up 22% from a year ago to 462,771 mt, with value up 50% to $936 million. Compared to 2017, which USMEF noted was the record year for export volume to Mexico, January-July exports were 1% higher in volume and 10% higher in value.
Total exports to China declined from a year ago, but pork variety meat shipments to China were the second largest on record.
USMEF reported that China/Hong Kong remained the largest destination for U.S. pork through July, despite a 22% decline to 525,058 mt. Export value fell 21% to $1.23 billion.
“While China slipped to the number two destination (behind Mexico) for U.S. pork muscle cuts in the second half of last year, its demand for U.S. pork variety meat remains outstanding,” USMEF noted. In July, pork variety meat exports to China were the second largest on record and the combined total for China/Hong Kong was fourth highest. Through July, variety meat exports to the region climbed 22% from a year ago to 201,849 mt, valued at $491 million (up 29%).
For January through July, pork exports were 1% above last year’s record pace at just under 1.8 million mt, while value increased 8% to $4.98 billion.
A detailed summary of the January-July red meat export results, including market-specific highlights, is available from the USMEF website.
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Beef, Pork Export Values Strong in July