US pork exports remain on record pace – USMEF

November exports of US red meat posted year-over-year gains across all categories, according to data released by USDA and compiled by the US Meat Export Federation (USMEF). US pork exports remained on a record pace.

Pork exports totalled 272,141 metric tons (mt) in November, up 5% from a year ago, while export value increased 6% to just under $783 million. These results included an especially strong month for pork muscle cut exports, which increased 6% to 221,652 mt. Muscle cut export value was the third highest on record at $671.4 million.

“Another terrific month for pork demand in Mexico and throughout the Western Hemisphere,” noted USMEF president and CEO Dan Halstrom. “It was also encouraging to see exports trend higher to Japan and sustain strong growth in Oceania and Southeast Asia.”

Through the first 11 months of 2024, pork exports were also up 5% year-over-year in volume (2.76 million mt) and 6% in value ($7.85 billion). When December results are available, exports will exceed 3 million mt for the first time, topping the previous high (2.98 million mt) reached in 2020. Export value will exceed $8.5 billion, easily surpassing the 2023 record of $8.16 billion.

Tags: Mexico, exports, pork, US, red meat, USMEF, Southeast Asia, Oceania