March Pork Exports Steady, Beef Value Rises

U.S. pork exports in March were steady with last year’s volume and edged higher in value. Pork exports totaled 260,430 metric tons in March, up 0.1 percent from a year ago, valued at $740.8 million. That’s up two percent year-over-year and the seventh-highest on record.

March shipments to South Korea were the largest on record. 2024 first quarter pork exports increased six percent while export value climbed seven percent. U.S. Meat Export Federation data shows beef exports below last March’s large volume, but exports were the highest since June 2023. March beef exports reached 108,200 metric tons, down 10 percent from last year but still the highest of 2024. Export value was $889.9 million, down slightly from last year but the highest level in nine months. March exports of U.S. lamb were 35 percent below last year at 246 metric tons, while export value dropped five percent to $1.5 million.