Oklahoma Farm Report masthead graphic with wheat on the left and cattle on the right.
Howdy Neighbors!
Ron Hays, Director of Farm and Ranch Programming, Radio Oklahoma Ag Network  |  2401 Exchange Ave, Suite F, Oklahoma City, Ok 73108  |  (405) 601-9211

advertisements
   
   
   
   
   

Agricultural News


Strong Year-end U.S. Pork Exports offer a "Bright Outlook" for 2014 Demand

Thu, 06 Mar 2014 11:54:53 CST

Strong Year-end U.S. Pork Exports offer a
U.S. pork exports remained strong last year, exceeding $6 billion for the third consecutive year, although down from the record level set in 2012. As 2013 drew to a close, 4.73 billion pounds of pork and pork variety meats valued at $6.05 billion dollars had been exported, down 5 percent and 4 percent, respectively, from 2012.


"Checkoff investments in helping tear down trade barriers and promote U.S. pork with international consumers are crucial to growing the revenue we enjoy from exports," said Brian Zimmerman, chair of the Pork Checkoff's Trade Committee and a Beatrice, Neb., producer. "In 2013, 26 percent of U.S. pork and pork variety meat was exported, which added nearly $54 per hog marketed."


U.S. pork exports ended 2013 on a positive note with strong exports in December, demonstrating upward momentum going into 2014. Mexico, Central and South America and the ASEAN region posted particularly strong results to bring the month's totals up slightly from levels of a year ago. In addition, through December total exports to South Korea, Australia and New Zealand were the highest of the year.


"Even though we saw a decrease in some markets in 2013, we continue to see incredible export opportunities," said Zimmerman. "An increase in the global population and a growing middle-class in countries that enjoy pork gives pig farmers a bright outlook. We expect demand to continue to grow in the year ahead."


Current negotiations for two additional free trade agreements - the Trans-Pacific Partnership and Transatlantic Trade and Investment Partnership - could positively impact U.S. pork exports. The Trans-Pacific Partnership could open and expand markets in the Asia Pacific region, with high potential to increase exports to Japan, Vietnam and Australia. The Transatlantic Trade and Investment Partnership, a trade agreement with the European Union, could also greatly increase U.S. pork sales.


During 2013, more than 100 countries around the world bought U.S. pork.

-- The top five markets in total pounds of pork exported were: Mexico (1.4 billion pounds), Japan (937 million pounds), China and Hong Kong (920 million pounds), Canada (501 million pounds), and Central and South America (268 million pounds).

-- The top five markets in total dollar value exported were: Japan ($1.885 billion), Mexico ($1.22 billion), China and Hong Kong ($903 million), Canada ($844 million), and Central and South America ($306 million).


Meanwhile, demand at home also grew by 5.6% in 2013. According to calculations from Pork Checkoff economist Dr. Steve Meyer, domestic real per capita expenditures increased nearly every month in 2013. Consumer education about the value and versatility of pork, the adoption of new pork cut names, and reinforcement of pork's ideal cooking temperature were the Pork Checkoff's key consumer messages. The new porterhouse pork chop, ribeye pork chop and New York pork chop were specifically featured in a summer marketing campaign.


"New domestic product marketing opportunities combined with growing interest from Mexico, Japan and China - our top three global markets - is helping U.S. pork farmers introduce quality pork to consumers down the street and around the globe," said Zimmerman.



   

 

WebReadyTM Powered by WireReady® NSI

 


Top Agricultural News

  • Oklahoma Youth Expo Sale of Champions Sale Order Available Here- Sale Set for 4 PM Friday  Fri, 17 Mar 2023 04:50:54 CDT
  • Rural Voters Dominated Vote to Defeat Recreational Marijuana March 7th  Fri, 10 Mar 2023 07:13:05 CST
  • Ron Hays Talks to Israeli Ag Tour Guide Colin Lotzof About the Miraclel of Ag in Israel  Wed, 22 Feb 2023 22:11:04 CST
  • OALP Members Experience First Hand View of Cutting Edge Drip Irrigation Technology as Israel Travel Ends  Wed, 22 Feb 2023 10:51:49 CST
  • OALP Members Get First Hand View of Cutting Edge Drip Irrigation Technology as Israel Travel Ends  Wed, 22 Feb 2023 10:50:10 CST
  • Oklahoma Ag Leadership Program Sees Fruit, Beef and Dairy Production North of the Sea of Galilee in Israel  Mon, 20 Feb 2023 21:56:02 CST
  • Oklahoma Ag Leadership Program Sees Diverse Farm Operations in Jordan River Valley of Israel  Sun, 19 Feb 2023 21:17:30 CST
  • Israeli Tour Guide Mark Kedem Talks About The Cultural Aspects of What Class XX of OALP is Experiencing   Sat, 18 Feb 2023 22:17:23 CST

  • More Headlines...

       

    Ron salutes our daily email sponsors!

    Oklahoma Beef council Oklahoma Ag Credit Oklahoma Farm Bureau National Livestock Credit Ag Mediation Program P&K Equipment Oklahoma City Farm Show Union Mutual Stillwater Milling Oklahoma Cattlemen's Association KIS FUTURES, INC.
       
       
       
       
       

    Search OklahomaFarmReport.com

    © 2008-2024 Oklahoma Farm Report
    Email Ron   |   Newsletter Signup   |    Current Spots   |    Program Links

    WebReady powered by WireReady® Inc.