Pork Struggling to Catch Export Waves Like 2020

WASHINGTON, DC – February pork exports fell 12 percent from a year ago, and at a value of $629 million, down 13 percent from 2020. According to data from USDA, for muscle cuts only, exports fell by the same percentages. Through February, pork exports are down 11 percent, value is down 13 percent, and pork muscle cuts are slipped at least 13 percent below last year’s pace. Otherwise, February pork exports set new records in the Dominican Republic, Guatemala, El Salvador, and Costa Rica and were very strong to the Philippines and Colombia. As anticipated, pork exports to China/Hong Kong trended lower than the enormous volumes shipped in 2020 but the region continues to be the largest destination for U.S. pork.
(SOURCE: All Ag NEWS)