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Aquaculture Newsletter
 
August 15, 2017

 

US pork exports up 12% in 1st half

 
 

US fresh/frozen pork exports during the first half of rose 12% to 879,300 tonnes compared with the same period in 2016.

 

Export value in the same period also rose, by 15%, on the year to $2.3 billion, s the average unit price of exports also increased, according to data tracked by AHDB Pork.

 

"Over the same time frame, US pork production was also on the up, so the increase in exports may not come as a huge surprise", added the pork division of the UK Agriculture & Horticulture Development Board.

 

Mexico remained as the largest market for US pork shipments, importing nearly 308,000 tonnes, which accountd for over a third of US total shipment. Mexico's US pork imports were 25% more than the same period last year.

 

US pork exports to its second- and now third-largest market, Japan and South Korea, were also up year-on-year by 4% and 34% to 186,000 tonnes and 88,7000 tonnes, respectively.

 

However, shipments to China declined 28% year-on-year in January-June to 78,600 tonnes. Chinese pork imports, in fact, have been in decline over the past few months as local production has begun to recover.

 

US pig meat production is forecast to rise 5% in 2017 from last year by the US Department of Agriculture, with exports expected to climb by 8%. 
 
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