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Tuesday, October 10, 2023

Mexico Fuels August Pork Exports While Beef Rebounds

August U.S. pork exports were steady compared to last year and led by another tremendous performance in Mexico. Data compiled by the U.S. Meat Export Federation says August exports totaled 226,519 metric tons, while export value dropped 1.5 percent to $649.5 million. Exports to Mexico remained at a record pace and set a value record in August at $211.7 million. “I can’t say enough about Mexico’s remarkable demand for U.S. pork and the revenue it generates,” says USMEF President and CEO Dan Halstrom. Exports also trended higher year-over-year to Japan, Canada, Central America, the Dominican Republic, Oceania, and Taiwan. August beef exports totaled 109,000 metric tons: 19 percent lower than last year but a six percent increase from July. Export value hit $884 million, 15 percent below last year but nine percent higher than July. August lamb muscle cut exports dropped 14 percent from last year to 107 million tons.