USMEF: November pork exports a record

aginfo

Junior Member
Messages
692
US pork exports set another monthly volume record in November, according to statistics released by USDA and compiled by the US Meat Export Federation (USMEF),which helped offset record-high production and provide a significant boost to pork cutout values.
Exports totaled 217,080 metric tons valued at $597.85 million ? up 22.5 percent and 35 percent, respectively, over November 2010. This boosted the January-November volume total to 2.04 million metric tons (up 18 percent year-over-year) and the value total to $5.526 billion (up 27 percent). This puts U.S. pork export value, which had never reached $5 billion before this year, on pace to approach the $6 billion mark in 2011.

Per-head pork export value soars to nearly $60 in November
November pork exports equated to nearly 29 percent of total production (including variety meat). In terms of muscle cuts only, exports still totaled 24 percent of total production. Export value per head slaughtered set a new monthly record at $59.98, which was $15 higher than a year ago. For January through November, the percentage of total production exported equated to 27 percent, or 23 percent when including only muscle cuts. This compares to 23.7 percent and 19 percent for the same period in 2010. Export value for the year averaged $55.21 per head, compared to $43.72 per head a year ago.

Read more at http://www.pigprogress.net/pigs/north-america-news/usmef-november-pork-exports-a-record-8219.html
 
 
Top