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US pork industry heading for record
A record quantity of pork could be exported from the US in
2006. In the first six months of 2006 alone, a total of 1,533 billion pounds
were shipped, 2% up from the same period last year.
Ron Plain, a
University of Missouri livestock economist, said in a research
report this week, it looks like US pork exports are heading for their 15th
consecutive record year.
The quantity of pork is more than was exported in any 12-month period prior
to 2001, said Plain, quoting
USDA data.
Pork is doing very well, since both BSE and
AI make both the world beef and world poultry market face
troubling times.
Japan was the top foreign buyer of US pork in the first half of 2006;
however, it bought less than a year ago. Mexico, Canada, South Korea and Russia
were the next topping the list. Of the 202 million pound increase in pork
exported this year, 198 million is going to Russia, Mexico and South
Korea.
It is thought that the strong exports will result in lower domestic pork
consumption, possibly down about half a pound this year in comparison to 2005,
Plain said.
Editor PigProgress
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