Meat Market Exports look positive
Pork exports totaled 183,481 t in September, nearly identical to both the September 2016 and August 2017 volumes. September export value was $503.8 mill., up 3% year-over-year. Through the first three quarters of the year, pork exports were 8% ahead of last year’s record pace at 1.79 mill. t, while export value climbed 10% to $4.71 bn.
Although lower than the previous month, September beef export volume improved 2% from a year ago to 103,552 t. Export value topped $600 mill. for the fourth consecutive month at $616.9 mill., up 16% from a year ago. January–September volume was 926,985 t, up 9% from the first three quarters of 2016, while export value was $5.27 bn. – up 16% year-over-year and 2% above of the record pace established in 2014.
September exports of lamb were just 572 t, down 23% from a year ago, but value reached $1.85 mill. – up 10%. For the first three quarters of the year, exports slipped 14% in volume (5,579 t) but were also up 10% in value to $14.7 mill. The volume decline is due to slow demand for lamb variety meat, as muscle cut exports through September were up substantially in both volume (1,740 t, up 21%) and value ($10.5 mill., up 24%), including year-over-year increases to Mexico, the Caribbean, Canada, Central America and Taiwan.