In the Ag sector it's always important to know what's happening with the competition and where their product is going.
Trends are looking good for u-s pork exports, although demand differs by export destination.
Tyler Fulton, director of risk management with hams marketing services, says while china showed really robust increases in pork imports from the U-S, Mexico showed a nine per cent reduction.
Fulton says Mexico is a bigger and more consistent player in purchasing from the U-S, although increases from china were a good sign for pork exports.
"Overall though because of the big jump in china we did see an improvement, were running at levels probably that are some of the best that we've seen in over the last year but still far under what we saw for example three or four years ago," he said.
Fulton says the recent general depreciation in the u-s dollar has made American exports more competitive on the world market.
Fulton says market analysts expected hog numbers for April and may to be two to three per cent lower than last year due to the anticipated effects from the faulty semen extender on last fall's pig crop.
Fulton says production right now is actually two to three per cent higher than last year.
Source : Discoverestevan