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Pork Exports Peak to Record-Setting Numbers

The November exports of U.S. pork were the largest of 2022 in both volume and value, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF).   
CROP

Overall results were also bolstered by excellent growth in variety meat exports, which were up more than 25% year-over-year at just over 50,000 mt, valued at $116.9 million – up 21% and the fourth highest on record, driven by growth to China and Mexico.  

NPB also analyzes trade data YTD compared to the 5-year averages and with and without China – an important perspective as the world looks to normalize trade trends after a global pandemic. 

 

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Houston, we have a problem with Canola + Screwworm in U S Cattle!

Video: Houston, we have a problem with Canola + Screwworm in U S Cattle!


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New screwworm detected in Texas could devastate the tight U.S. cattle herd.
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Short-term weather forecast remains non-threatening with a warm/wet forecast but long-term looks hot/dry for July/August/Sept for U.S. corn belt.
+ CFTC.