January exports of 97,824 metric tons were up 13%. Export value rose 16% year-over-year to $514.5 million. Exports accounted for 13% of total beef production, and 10% of muscle cuts alone – increases of 2% and 1%, respectively. The export value per head of fed slaughter was $219.73, up $14.79 from last year.
Top-performing beef export markets in January were:
• Mexico: 20,228 mt (up 23%) valued at $93.6 million (up 27%)
• Japan: 15,655 mt (up 53%) valued at $92.9 million (up 28%)
• Hong Kong: 12,811 mt (up 83%) valued at $80.9 million (up 118%)
Solid export growth to Mexico and the largest export volume to Japan since October 2012 helped push U.S. pork exports up 3% in volume and 2% in value.
Sales to the Hong Kong/China region were steady in volume versus last January, but rose 15% in value. The Central/South America region was up sharply, driven by triple-digit growth to Columbia, while both Oceania and the ASEAN region posted solid increases.
Pork exports accounted for 25.5% of total pork production and 21% of muscle cuts alone, up slightly from January of 2013. Export value averaged $54.70 per head, up $2.12 from last year.
Top-performing pork export markets in January were:
• Mexico: 59,825 mt (up 9%) valued at $113.2 million (up 10%)
• Japan: 39,069 mt (up 4%) valued at $163.4 million (down 6%)
• Hong Kong/China: 34,766 mt (even) valued at $82.7 million (up 15%)
Lamb exports for January increased 7% in volume to 1,056 mt and 9% in value to $2.7 million. Mexico remains the top lamb destination, purchasing 913 mt valued at $1.5 million. The Caribbean, Canada and the Middle East follow in volume, although Central/South America is emerging as a market, largely driven by sales to Panama: 13 mt (up 550%) valued at $96,000 (up 243%).