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FLEISCHWIRTSCHAFT international 3/2018

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Fleischwirtschaft <strong>international</strong> 3_<strong>2018</strong><br />

21<br />

USA<br />

Strong April for red meat exports – New volume record for pork<br />

Industry News<br />

April exports of US pork, beef and<br />

lamb were sharply higher than a year<br />

ago in both volume and value, according<br />

to data released by USDA<br />

and compiled by the US Meat Export<br />

Federation (USMEF). Pork exports set<br />

a new volume record, fueled by<br />

tremendous demand in Mexico,<br />

while beef exports posted the bestever<br />

results for the month of April.<br />

April pork export volume was<br />

230,049 t, up 13% from a year ago<br />

and topping the previous high set in<br />

November 2016. April export value<br />

was $584.1mill., also up 13%. For<br />

January through April, pork export<br />

volume was 4% ahead of last year’s<br />

record pace at 866,346 t, while<br />

value increased 9% to $2.29 bn.<br />

Exports accounted for nearly 30% of<br />

total pork production in April, up<br />

from 28.4% a year ago, while the<br />

percentage of muscle cuts exported<br />

also increased significantly (25.8%,<br />

up from 23.5%). Through April, the<br />

percentage of total production<br />

exported was fairly steady with last<br />

year at 27.4%, while muscle cuts<br />

jumped from 22.8% to 23.5%. April<br />

pork export value averaged $58.45<br />

per head slaughtered, up 6% from a<br />

year ago, while the January­April<br />

average increased 5% to $55.69.<br />

Beef export volume was 111,213 t<br />

in April, up 11% year­over­year.<br />

Export value was $676.7 mill., up<br />

23% and the fourth­highest on<br />

record. Through the first four<br />

months of <strong>2018</strong>, exports were up<br />

10% in volume to 429,286 t. Export<br />

value was $2.59 bn., 20% above last<br />

year’s record pace. Exports accounted<br />

for 14.1% of total beef<br />

production in April, up from 13.6% a<br />

year ago. For muscle cuts only, the<br />

percentage exported was 11.3%, up<br />

from 10.6%. For January through<br />

April, exports accounted for 13.4%<br />

of total production and 10.8% for<br />

muscle cuts, each up about half a<br />

percentage point from last year.<br />

Beef export value averaged $328.46<br />

per head of fed slaughter in April, up<br />

16% from a year ago. Through April,<br />

per­head export value averaged<br />

$318.91, up 17%.<br />

Even with growth in red meat<br />

production, both pork and beef<br />

exports have accounted for a<br />

larger share and contributed more<br />

dollars per head, indicating strong<br />

<strong>international</strong> demand.<br />

Mexico was again the pacesetter<br />

for pork exports in April, with volume<br />

reaching 79,019 t – up 34% from a<br />

year ago and the second­largest on<br />

record. Export value to Mexico was<br />

$134.1 mill., up 28%. Through the<br />

first months of <strong>2018</strong>, exports were<br />

7% above last year’s record volume<br />

pace at 282,675 t, with value up 6%<br />

to $505.4 mill. Maintaining this pace<br />

will be challenging, however, with<br />

Mexico’s retaliatory tariffs on imports<br />

of most US pork products<br />

effective 5June. The tariff rate on<br />

chilled and frozen pork muscle cuts<br />

is 10% until 5 July, when it is set to<br />

increase to 20%.<br />

“The outstanding April performance<br />

for pork exports to Mexico<br />

really underscores the importance<br />

of this market to the US industry<br />

and how it has been such a reliable<br />

trading partner for hams, picnics<br />

and other pork cuts,” said USMEF<br />

President and CEO Dan Halstrom.<br />

“USMEF will continue to emphasize<br />

the quality and consistency of US<br />

pork to red meat customers in<br />

Mexico and make every effort to<br />

help US suppliers retain their business.<br />

But make no mistake about<br />

it, the US industry is going to have<br />

to fend off competitors who suddenly<br />

have a significant tariff rate<br />

advantage and see a clear opening<br />

into the Mexican market.”<br />

//www.usmef.org<br />

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