USA, Washington. US pork exports were record-large in July while beef exports were relatively steady with last year’s strong results, according to data released by USDA and compiled by the US Meat Export Federation (USMEF).
July pork exports surged to 233,242 t, up 32% year-over-year and topping the previous record from April 2018. Export value was $623.3 mill., up 34% and breaking the previous high reached in November 2017. These results pushed January-July exports 2% ahead of last year’s pace at 1.48 mill. t while value was down 2% at $3.77 bn.
July exports accounted for 29.3% of total US pork production (up from 24.7% a year ago and the highest since April 2018) and 25.9% for muscle cuts only (up from 21.7% and the highest ratio in five years). For January through July, exports accounted for 26.3% of total pork production and 22.9% for muscle cuts (down from 27% and 23.3%, respectively, a year ago).
Beef exports increased 1% year-over-year in July to 117,842 t. Export value ($720.4 mill.) was down slightly from a year ago but still the seventh-highest monthly total on record. January-July beef exports were down 2% from a year ago in volume (766,607 t) while export value ($4.75 bn.) was slightly below last year’s record pace.
July exports accounted for 14.4% of total US beef production and 11.8% for muscle cuts only, down from 15.1% and 12.9%, respectively, last year. For the first seven months of the year, exports accounted for 14.1% of total beef production and 11.6% for muscle cuts – each down one-half percentage point from a year ago.