Despite Record Meat Exports, U.S. in Precarious Position
While demand for U.S. meat and poultry continues to grow, there are a few headwinds facing the industry in the near future, according to a new report from CoBank’s Knowledge Exchange Division.
pork exports
U.S. Exports More Pork Than Beef and Poultry
It’s no surprise that exports are an important market outlet for U.S. pork production. But did you know that exports are even more important to the pork industry than they are to either the beef or poultry industries?
April Pork Exports are Sixth Largest on Record
Following a record-breaking March performance, exports of U.S. beef and pork continued to build momentum in April, according to data released by USDA and compiled by the U.S. Meat Export Federation.
Weekly Pork Exports Achieve New Marketing Year High
For the week ending April 22, 2021, U.S. pork exports hit a new marketing year high and sales for corn, sorghum, and soybeans were higher than the previous week according to the latest USDA Weekly Export Sales Report.
Lamb Exports Strengthen as Pork and Beef Weaken
As beef and pork exports continue to face headwinds in 2021, one meat category has seen impressive growth.
Pork Stocks Expanding, Prices Improving, Export Demand Growing
USDA is projecting ending stocks for pork in the United States during February 2021 to grow 24 percent above levels last February.
Pork Producers Benefit From Swine Fever in China
U.S. pork producers have been enjoying the increase in demand for pork over the past two years as China has been dealing with a loss of their domestic swine industry.
U.S. Pork Exports Stumble While Lamb Exports Improve
January pork exports, in volume, slipped 9 percent in January compared to one year ago and export values fell 13 percent according to the latest data from USDA.
U.S. Pork Exports Shatter Value and Volume Records
Though many will want to forget 2020, U.S. pork producers may not be in that same camp.
2020 U.S. Pork Exports Continue Record-Setting Pace
November was a strong month for U.S. pork exports, according to data released by USDA and compiled by the U.S. Meat Export Federation, as totals have already surpassed the full-year volume and value records set in 2019.
U.S. Pork Exports Continue Record Pace in 2020
U.S. pork exports posted broad-based gains in October, solidifying a record pace for 2020, according to data released by USDA and compiled by the U.S. Meat Export Federation.
Despite Robust Exports, U.S. Pork Industry Faces Challenges
U.S. pork exports to China have skyrocketed this year as African Swine Fever (ASF) eroded two-thirds of China’s hog herd and drove its hog prices to record highs.