Tight Pork Supplies Limit Export Performance Once Again

 

The Pig Site

18 May 2017

 

UK - UK exports of fresh/frozen pork in March were 3 per cent lower on the year at 19,100 tonnes, according to the latest data from HMRC, reports Millie Askew, AHDB analyst.

 

The fall in volume exported highlights the tight supply situation, of both clean pigs and sows, the UK has found itself in domestically since the start of the year.

 

Yet export demand is thought to be relatively strong. While volume was down, the value of shipments in March was 26 per cent higher compared to the same period in 2016, at 27.1 million, driven by a rise in unit prices.

 

Although China remained the largest destination for British pork, the amount shipped in March fell by 6 per cent year-on-year to 3,900 tonnes. Likewise, exports to the UKs fifth largest destination, the Netherlands, fell by 10 per cent on the year to 1,400 tonnes.

 

Nevertheless in March, the UK exported 7 per cent more pork to both Ireland (at 3,200 tonnes) and Denmark (at 2,700 tonnes) and 6 per cent more to Germany (at 3,000 tonnes), compared to the same period in 2016.

 

UK export volumes of offal, processed pork and sausages were all lower year on year in March, while shipments of bacon increased...

 

more, including table

http://www.thepigsite.com/swinenews/43542/tight-pork-supplies-limit-export-performance-once-again/

 

 

U.S. Pork Exports Reach Record Volumes in March

 

By Iowa Pork Producers Association

via PorkNetwork - May 18, 2017

 

U.S. pork exports finished the first quarter with a flourish as new record volume was set in March, according to statistics released by USDA and compiled by the U.S. Meat Export Federation earlier this month.

 

Pork exports reached 227,955 metric tons (mt) in March, up 16 percent year-over-year and topping the previous monthly high set in November 2016. Export value was $586.6 million, up 22 percent. For the first quarter, pork exports were up 17 percent in volume (627,647 mt) and 22 percent in value ($1.58 billion).

 

March exports accounted for 28 percent of total pork production and 23.3 percent for muscle cuts only, up from 25.4 percent and 22 percent, respectively, last year...

 

more

http://www.porknetwork.com/news/markets/us-pork-exports-reach-record-volumes-march