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May pork exports highest in two years; beef exports face headwinds

Led by another outstanding month in Mexico and robust demand for variety meat, exports of U.S. pork continued to gain momentum in May, according to data released by USDA and compiled by the U.S. Meat Export Federation. While well below the record-large volume and value posted in May 2022, beef exports improved from April and were the second largest (behind March) of 2023.

May pork exports reached 261,361 metric tons, up 16% from a year ago, the ninth largest on record and the largest since May 2021. Export value climbed 12% to $731.1 million, also the highest since May 2021 and the seventh highest on record. Pork variety meat exports were particularly outstanding in May, setting a value record of $127 million. 

May exports to leading market Mexico were well above last year, while shipments to Taiwan were the largest in 12 years and export value to South Korea reached a five-year high. Exports were also significantly higher to Australia, Central America and Malaysia.

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