US pork exports to Australia, New Zealand trend higher – USMEF
With shipments trending sharply higher to both Australia and New Zealand, January-March exports to Oceania climbed 151% from a year ago to 28,271 mt, with value up 139% to $101.8 million, according to data released by USDA and compiled by the US Meat Export Federation (USMEF).
Most US pork entering this region is raw material for further processing, and the US industry has been rapidly regaining market share from the European Union.
Value-added processed products from the US have also gained popularity in Oceania.
Read also
European sunflower oil prices rise by $60–65/ton after Ukrainian plants halt opera...
Wheat prices rise again amid escalating tensions in the Black Sea
Coming Up in UkrAgroConsult Reports: Key Market Signals
Malaysia’s palm oil production is set to decline in November, but high stock...
Quality of Ukrainian milling wheat returns to pre-war levels
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon