Pork exports shine - Beef aims for recovery

Aug 14, 2023

The US pork industry celebrates an excellent start to 2023. As per USMEF data, June pork exports rose by 12%, equating to 245,964 metric tons (mt). This surge brought the six-month total to a robust 1.47 million mt, with a value of $4.05 billion.

Mexico showed an exciting 21% growth in first-half value, setting a record. There were also notable increases in exports to regions like Australia, Taiwan, and the Dominican Republic. An outstanding 32% jump was seen in pork variety meat exports to China.

Dan Halstrom, USMEF's head, praised the widespread international growth, highlighting strides in the Asia-Pacific and Western Hemisphere.

The beef sector faced some hurdles. June exports came to 115,107 mt, showing a 12% dip from last year. The value, however, marked at $909.5 million, held potential. The first half's performance was 10% below the previous year but 8% above 2021.

Countries like Taiwan, Mexico, and Canada provided hopeful statistics. Some markets, such as South Korea, China, and Japan, did experience a drop, but potential remains.

Halstrom emphasized the steady contribution of beef exports to total production, underlining their significance in overall value. In contrast, lamb exports saw a downturn, especially in the second quarter. June figures displayed a 56% decrease in volume and a 45% drop in value.

Video: Trade Uncertainty and Pork Growth - Cam Dahl

In this episode of The Swine it Podcast Show Canada, Cam Dahl, General Manager of Manitoba Pork Council, discusses how trade uncertainty affects growth across Canadian pork production. He explains why CUSMA, market diversification, non-tariff barriers, access to capital, labor needs, and producer advocacy all matter as the industry plans for investment, exports, and long-term competitiveness. Listen now on all major platforms!

"Trade uncertainty makes access to capital difficult when producers and processors are ready to invest and grow."

Meet the guest: Cam Dahl / cam-dahl-58115832 is the General Manager of Manitoba Pork Council. He has extensive leadership experience across Canadian agriculture, including Cereals Canada, the Canada Grains Council, Manitoba Beef Producers, and the Canadian Grain Commission. His work focuses on policy, advocacy, trade, business development, and strengthening market opportunities for Canadian producers. Learn more from Cam Dahl on The Swine it Podcast Show Canada, available on all major platforms.