U.S Pork Exports on Pace to Shatter Record

DENVER, CO – July exports of U.S. pork, which are on a record pace in 2020, were down from a year ago but increased compared to June according to statistics released by USDA. Export volumes fell 5 percent year-over-year while value slipped 12 percent to $548 million. Bright spots for pork exports include China/Hong Kong, Canada, the Philippines, Vietnam, and the Caribbean. Exports to Mexico and Japan were down from one year earlier but are well-above levels in March and April. Still, total pork exports for 2020 are averaging 20 percent more than in 2019 – the best pork export season in U.S. history. Export Values are also on pace to break last year’s record.
(SOURCE: U.S. Meat Export Federation)