USMEF: Pork exports to grow in 2007

USMEF: Pork exports to grow in 2007

The U.S. Meat Export Federation projected that U.S. pork exports should increase by 6.2% in 2007.

Within this development much of the growth will be represented by Asia.

Citing concerns over avian influenza and bovine spongiform encephalopathy, USMEF notes that the estimated 6.2% jump in 2007 would follow last year's 9% rise to a record $2.8 billion.

According to the president and chief executive of USMEF, Phil Seng, the increase should extend pork's record-setting export streak to 15 years. Exports to South Korea are expected to grow 25%, Russia 40% and Japan by 2%.

Seng pointed out that bird flu had been a major impetus for pork exports, more effective than BSE.

Total 2007 pork exports are projected to be 1,338,000 metric tons, with Japan remaining the No. 1 importer based on value and Mexico leading in volume.

Source: U.S. Meat Export Federation (USMEF)
Phil Seng Asia