US pork exports slightly below year-ago level, says USMEF
October pork export volume was 207,725 mt, the largest since May but still 2 percent lower year-over-year, reflecting smaller variety meat exports. Export value ($536.5 million) was also the largest since May but still down 5 percent from a year ago. For January through October, pork exports were 1 percent above last year’s record pace at 2.02 million mt, while value was also up 1 percent to $5.33 billion. For pork muscle cuts only, January-October exports increased 5 percent from a year ago in volume (1.63 million mt), valued at $4.43 billion (up 2 percent).
October exports accounted for 23.6 percent of total pork production, down from 25.4 percent a year ago. For muscle cuts only, the percentage exported was 20.7 percent – down from 21.6 percent in October 2017. For January through October, pork exports accounted for 25.8 percent of total production, down from 26.4 percent last year, but the percentage of muscle cuts exported increased from 22 to 22.5 percent. Export value per head slaughtered was down 10 percent from a year ago in October to $46.07. The January-October average was $51.74, down 2 percent.
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