Home Pig November Exports Set New Information in Key Markets – Swineweb.com

November Exports Set New Information in Key Markets – Swineweb.com

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November Exports Set New Information in Key Markets – Swineweb.com

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Fueled by file performances in Mexico, Central America and Colombia, November exports of U.S. Pork reached the best worth since mid-2021, based on information launched by USDA and compiled by the U.S. Meat Export Federation (USMEF).

  • November pork exports to main market Mexico set a price file, up 5% from a 12 months in the past. Export quantity (100,313 mt) elevated 14% and was the second largest on file, trailing solely October 2023.
  • Led by excellent development in Honduras, Guatemala and El Salvador, pork exports to Central America set month-to-month data in Nov. Shipments elevated 35% from a 12 months in the past to 16,565 mt.
  • November was a wonderful month for pork exports to South Korea, up 19% from a 12 months in the past to 17,406 mt.
  • Pork exports to Oceania made a powerful rebound in 2023 and this development continued in November, with shipments almost tripling from a 12 months in the past to six,414 mt (up 186%).
  • Exports accounted for 30.1% of complete Nov. pork manufacturing and 26.2% for muscle cuts solely, every up about 1 share level from a 12 months in the past.

Click on right here to learn extra about pork exports.

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