June Pork Exports Double Year Ago

August 20, 2008 — 

Pork and pork variety meat exports for June totaled 192,667 metric tons valued at $451 million. That's double the volume exported in June 2007.

This drove year-to-date pork exports to 1,018,467 metric tons valued at $2.3 billion, a 67 percent volume increase from the first half of 2007, and 58 percent value increase. Today, 24 percent of U.S. pork production is destined for foreign markets. China/Hong Kong grabs the largest volume, consuming 6 percent of this year's production. Japan and Mexico continue to be other strong-performing export markets.

In a related move, USDA increased its pork export projections for 2008 to 5.406 billion pounds and its 2009 estimate to 5.100 billion pounds.

Source:
Pork Magazine's Pork Alert, August 19, 2008
http://www.porkmag.com/directories.asp?pgID=675&ed_id=6439
http://www.porkmag.com/directories.asp?pgID=675&ed_id=6314&component_id=805