The U.S .Meat Export Federation has completed a new study, Value of Pork Exports, that outlines the role and importance of U.S. pork exports to pork producers.

“This study brings clarity to the value of the export premiums paid by customers in other countries in excess of U.S. prices,” says John Hinners, USMEF vice president of industry relations. “Enhancing market intelligence, promoting to specific regions and the streamlining, which may be appropriate in our country-specific marketing programs are elements that can now be planned more strategically with confidence thanks to findings in the study.”

The study estimated total export premiums for 2004 were $270.6 million. It found the items generating the largest premiums for U.S. producers were belly with a volume of 61,000 metric tons, loin at 129,485 mt, butt at 40,428 mt, tenderloin at 25,138 mt and picnic at 168,855 mt. Premiums for these five cuts represented 74 percent of the total export premium generated in 2004.

The study also estimated that in 2004 the U.S. exported the pork equivalent of 10.862 million hogs worth $22.64 more per head than their domestic counterparts.

USMEF created a list of regularly exported U.S. pork items and submitted it to participating exporters to provide their 2004 export data on volumes and premiums for the listed cuts.

USMEF consolidated the data by cut to determine the percent of total exports per cut and the export premiums per pound. This collected data represented 55 percent of U.S. pork and pork variety meat exports in.

USMEF will present additional details of the study during the USMEF board of directors meeting May 24-26 in Las Vegas, Nev.  

USMEF