- The latest data for Canadian pork exports recorded July at 111.6 million KGM, the lowest in the last 6 months, which was down –8.8% from June but is +7.1% over last July which was the low of 2021. Pork export values inched higher at $3.59/KGM for July which is near even with last year and a modest $0.12/KGM or +3.4% from the previous month.
- Overall, all pork export categories declined in July from previously reported however the value per unit increased for each as well.
- Pork shoulder exports fell 49% from June levels to 44.6 thousand KGM, though continues strongly for this time historically. Notably, pork shoulder exports for June represented a 5-year high for the month historically. Pork shoulder export values were up the most in the latest data, up $1.23 or +13.7% higher to $10.20/KGM for July.
- Belly exports declined –11.1% to 1.7 million KGM for July and are –15.4% under year ago levels. Compared to last year, export belly values are up $1.06/KGM or +14.8%, with year ago values representing the third highest in 2021 (behind Nov & Dec).
- Total swine carcass and cut exports were down –7.2% from June to 72.0 million KGM for July, bringing them +10.6% over a year earlier. For perspective, their July values at $3.90/KGM edged +2.6% high than June and are –2.3% under last year.
- Total ham exports fell –15.6% for July at 18.7 million KGM bringing them –3.3% under last year. For perspective they valued at $3.49/KGM for July, rising +8.3% from June and +11.5% over year ago levels.
- For perspective, the percentage of Canadian pork production that is exported to the United States was 22.5% for July, up from 19.4% a month earlier and 15.1% calculated for July 2021.
