US pork exports post solid performance in May - USMEF
Exports below last year in both volume, valueUS pork exports posted another solid performance in May, but were below last year in both volume and value, according to data released by USDA and compiled by USMEF.
May pork exports totalled 251,447 mt, down 4% from a year ago, valued at $715.8 million (down 2%). Through the first five months of the year, exports were still up 6% to 1.29 million mt, while export value was 7% above last year’s record pace at $3.6 billion.
"Pork shipments to Mexico trended a bit lower in May, but that’s following a record April performance," said USMEF president and CEO Dan Halstrom. "And even at that, export value to Mexico still topped $200 million."
"US pork also posted another great month in South Korea and exports to the ASEAN region were the largest in three years," Halstrom added. "Demand also continued to strengthen in Central America and the Caribbean."