Demand for US pork rebounds in Australia, NZ - USMEF

Demand for US pork has rebounded dramatically in both Australia and New Zealand, pushing January-July exports to 45,173 mt, up 74% from a year ago, according to data released by USDA and compiled by the US Meat Export Federation.

Export value increased 64% to $159.1 million. While market access is limited, fresh/frozen US pork may be imported for further processing and the region has a growing appetite for value-added processed US pork products.

July pork export value equated to $65.38 per head slaughtered, down 3% from a year ago, while the January-July average increased 8% to $64.07.