Exports to Colombia rose 46% over last year
29 May 2024
1 minute read
Robust growth in Colombia fuelled a strong first quarter for US pork exports to South America, which increased 46% from a year ago to 36,180 mt, according to data released by USDA and compiled by the US Meat Export Federation (USMEF).
Export value jumped 54%, reaching $103.4 million.
In Colombia, where most US pork has historically been used for further processing, the US industry continues to make gains in the retail and foodservice sectors.
First quarter shipments to Colombia increased 50% to 32,012 mt, while value soared 64% to $88 million.
The Colombian peso has recovered from its lows against the US dollar, which helps support purchasing power and importer confidence.
Colombia’s hog prices have also remained strong.
Source link : https://www.thepigsite.com/news/2024/05/us-pork-exports-to-south-america-start-the-year-strong-usmef
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Publish date : 2024-05-28 19:53:43
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