Malaysia continues as strong market for US pork – USMEF
Malaysia continues to emerge as a promising growth market for US pork, according to data released by USDA and compiled by the US Meat Export Federation (USMEF).
Through February, shipments to Malaysia totalled 844 mt, up 848% over last year’s low volumes. Export value increased 734% to $2.5 million.
To all markets, February pork export value equated to $62.37 per head slaughtered, up 4% from a year ago.
The January-February average was $61.16 per head, also up 4%.
Exports accounted for 29.4% of total February pork production and 25.4% for muscle cuts, up from 28.3% and 23.8%, respectively, last February.
The January-February ratios were 28.8% of total production and 24.8% for muscle cuts, each about one percentage point higher than a year ago.
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