Results are in and most pork exporting countries fared quite well in the first half of 2012, according to U.S. Meat Export Federation (USMEF) Economist Erin Borror. The United States was among the export growth leaders, however, as U.S. pork exports (including both muscle cuts and variety meat) climbed 13 percent in value to $3.17 billion compared to the record pace of 2011.
Borror says U.S. pork accounts for about one-third of all product traded on the international market - a ratio that is steady with last year.
Borror says global demand should remain fairly strong in the second half of this year, but matching year-over-year export results will be more challenging. This is because exports surged in late 2011 to key markets such as China and South Korea, and both of these countries have seen a significant increase in domestic supplies since that time.