Global pork exports revised down – USDA

Global pork exports for 2024 are lowered 2% from the October forecast to 10.2 million tons as the EU, United States, and Brazil increasingly compete for lower China imports, according to the most recent USDA World Markets and Trade report for livestock and poultry.

Although US exports remain strong to many core markets, including Mexico and Canada, aggregate exports are revised lower against weak import demand from Japan and China.

United Kingdom exports are also revised lower on declining demand from the European Union.

Tags: forecast, imports, China, export, pork, Brazil, EU, United States