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Pork exports fall below year-ago levels

The National Pork Producers Council (NPPC) reported that April exports of pork have remained below their totals from last year. Export value is down 18% and volume is down 20%, which NPPC attributes to the sharp decline in demand from China.

“The COVID lockdowns (in China) dampened demand even further by limiting consumer spending and slowing activity in the wholesale market and the meat processing sector,” says U.S. Meat Export Federation President and CEO Dan Halstrom. “We do expect exports to China to regain some momentum in the fourth quarter of this year – certainly not back to the peak volumes of 2020 but improving over current levels.”

U.S. shipments of pork to Mexico remain on a record pace – value up 11% and volume up 25% – while Japan and Latin American markets continue to trend up. Exports to the Dominican Republic were gaining strength before the country’s confirmation of African swine fever in July 2021, and the disease’s impact has caused exports to accelerate. Exports to the Dominican Republic have increased 29% in value and 25% in volume. 

The U.S. Agricultural Export Development Council has released an economic impact study, stating USDA Export Market Development programs are effective at generating an extremely high return on investment. The report also stated the programs account for a high percentage of the level of U.S. agricultural exports, including pork.

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