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U.S. Pork Exports Update for January 2019

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Presentation on theme: "U.S. Pork Exports Update for January 2019"— Presentation transcript:

1 U.S. Pork Exports Update for January 2019
April 2019

2 Amid trade disputes, smaller markets step up demand for U.S. pork
$494.1 million in value for January 2019 9% lower than last January 201,835 metric tons (445 million pounds) 1% lower than last January (USDA statistics compiled by USMEF) (All totals include muscle cuts and variety meat)

3 Top U.S. Pork Export Markets (January 2019)
Mexico – 66,293 metric tons, down 9% from January 2018 ● value down 28% to $96.1 million Japan – 32,910 mt (down 6%) ● value down 8% to $135.2 million Hong Kong/China – 26,744 mt (down 16%) ● value down 32% to $53.2 million South Korea – 18,491 mt (down 2%) ● value down 8% to $50 million Canada – 16,165 mt (up 13%) ● value up 6% to $58.3 million South America – 12,752 mt (up 57%) ● value up 61% to $31.3 million ● Led by strong growth in Colombia and Chile Oceania – 9,272 mt (up 22%) ● value up 12% to $24.8 million Central America – 7,271 mt (up 18%) ● value up 15% to $16.6 million ● strong performance in Panama, Costa Rica and Guatemala (USDA statistics compiled by USMEF)

4 Measuring Pork Export Value
Exports accounted for 23.6% of total U.S. pork production in January Down from 24.7% last January Export value of $44.75 per head in January Down 12% from January 2018 (Export production % includes variety meat)

5 U.S. Pork Exports 2019 vs. 2018 (Including variety meat) Volume: Metric Tons

6 U.S. Pork Exports 2019 vs. 2018 (Including variety meat) Value

7 U.S. Beef Exports Update for January 2019
April 2019

8 Japan, Korea set strong early pace for 2019 beef exports
$642.3 million in value for January 2019 3% higher than last January 104,766 metric tons (231 million pounds) 1% lower than last January (USDA statistics compiled by USMEF) (All totals include muscle cuts and variety meat)

9 Top U.S. Beef Export Markets (January 2019)
Japan – 25,925 metric tons (up 8%) ● value up 12% to $167 million ● Variety meat exports to Japan (mainly tongues) up 36 percent in volume (4,645 mt) and value ($31.4 million) Mexico – 21,194 mt (fractionally higher) ● value up 14% to $101.7 million South Korea – 17,900 mt (up 4%) ● value up 10% to $134.3 million Hong Kong – 7,047 mt (down 36%) ● value down 28% to $57.4 million Canada – 8,840 mt (down 9%) ● value down 9% to $54.2 million Taiwan – 4,215 mt (fractionally higher) ● value down 12% to $36.8 million (USDA statistics compiled by USMEF) (All totals include muscle cuts and variety meat)

10 Measuring Beef Export Value
12.2% of total U.S. beef production exported in January Down from 12.4% in January 2018 Per-head export value equal to $ in January Down 3% year-over-year (Export production % includes variety meat)

11 U.S. Beef Exports 2019 vs. 2018 (Including variety meat) Volume: Metric Tons

12 U.S. Beef Exports 2019 vs. 2018 (Including variety meat) Value: Millions of Dollars

13 U.S. Lamb Exports Update for January 2019
April 2019

14 Lamb exports trend higher in January
$2.13 million in value in January 2019 45% higher than last January 1,384 metric tons (3 million pounds) 87% higher than last January (USDA statistics compiled by USMEF) (All totals include muscle cuts and variety meat)

15 Top U.S. Lamb Export Markets (January 2019)
Mexico – 1,144 metric tons (up 92%) ● value up 38% to $923,000 Caribbean – 146 mt (up 152%) ● value up 72% to $845,000 ● strong month for Bahamas, Dominican Republic and Trinidad and Tobago Middle East – 80 mt ● value up 4,225% to $173,000 ● excellent growth in United Arab Emirates Canada – 7 mt (down 30%) ● value down 44% to $39,000 (USDA statistics compiled by USMEF) (All totals include muscle cuts and variety meat, unless otherwise indicated)

16 U.S. Lamb Exports 2019 vs. 2018 (Including variety meat) Volume: Metric Tons

17 U.S. Lamb Exports 2019 vs. 2018 (Including variety meat) Value: Millions of Dollars


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