March Pork Exports Largest in Nearly Two Years; Beef Exports Show Signs of Rebound

March U.S. pork exports were the largest since May 2021, and beef export volumes were the largest since October, according to the U.S. Meat Export Federation.

March pork exports totaled 260,195 metric tons, up 17 percent year-over-year and the ninth-largest volume on record. Export value was also the ninth largest at $724 million, up 18 percent from a year ago. These results capped a strong first quarter for U.S. pork as exports reached 716,691 metric tons, up 14 percent from a year ago, valued at $1.96 billion.

Beef exports totaled 120,495 metric tons in March, down five percent from a year ago. Export value fell 17 percent to $892.6 million, but both volume and value were the highest in five months. Through the first quarter, beef exports were down eight percent year-over-year to 326,494 metric tons, valued at $2.35 billion.

March exports of U.S. lamb muscle cuts totaled 218 metric tons, down five percent from a year ago.

Recommended Posts