PORK EXPORTS EXCEED THIS TIME LAST YEAR’S VOLUMN.

nina | December 27th, 2012 - 9:00 am

For the first 10 months of the year, U.S. pork exports totaled almost 4.5 billion pounds, more than 7 percent higher than the same period of 2011, according to USDA’s latest Livestock, Dairy and Poultry Outlook report. 

Although China drove demand through July, recent export strength has come from Mexico, Canada and Russia.

October pork exports were almost 493 million pounds, 2.2 percent above October 2011. In October, year-over-year lower shipments to Japan declined by 1.1 percent from a year ago and declined 5.2 percent January through October. Pork exports to China-Hong Kong declined by 61.6 percent in October, but were up by 16.5 percent in the January-October period.  U.S. pork exports to Mexico were up 32.8 percent in October and up 15.6 percent for January-October. Canada imported 20.3 percent more U.S. pork in October and imported 17.4 percent more in the January-October period, while Russia boosted U.S. pork imports by 75 percent in October and by 45 percent for January-October.

Imports.  U.S. pork imports in October were almost 4 percent below a year earlier, due mostly to lower imports from Denmark.

Imports of live swine from Canada were fractionally higher in October, up 0.56 percent.  Imports of feeder pigs (23-50 kgs) were 36 percent higher than a year ago, likely due to strong prices for finishing animals in the United States. Strong imports of feeder pigs offset year-over-year lower imports of all other categories of imported live swine.

Souce:  meatingplace.com, 12.25.2012

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