The latest data for Canadian pork exports recorded September at 106.4 thousand MT, the lowest since July 2021 at 104.2 thousand MT. Total Canadian pork exports slipped –1.7% from August, bringing them –5.0% under year ago levels. Overall, pork export values for the same period fell –3.0% from last reported, with the latest values –5.1% under last year.
Pork export categories varied from last reported, with swine carcasses & cuts, bellies and pig fat/lard recorded higher during September, while remaining categories such as hams, shoulders and edible offal fell from previously reported levels.
Total swine carcass and cut exports rose +4.0% for September to 73.0 thousand MT, and was up +4.2% on the year. Overall values were up +0.4% on the month, however carcass & cut values are –3.1% under last year. For perspective, September’s value per unit of $1.71/lb declined –3.5% from a month earlier and is –7.0% under last year.
Monthly pork shoulder exports dropped –52.6% to 52.7 MT, coming down from a 12-month high of 111.2 MT recorded in August and brings the latest tally -54.1% under last year. Pork shoulder export values fell –1.1% for September to $4.01/lb, which is up +4.6% from a year ago.
Belly exports rose +9.6% to 1.8 thousand MT however continue below last year, with current exports -29.3% under September of last year. Export belly values at $3.61/lb are up +2.5% from August and +24.3% over belly values last year.
Total ham exports fell –22.9% for September at 14.0 thousand MT, bringing them –39.9% under last year. For perspective, export ham values at $1.80/lb were up +7.3% from August and +32.9% over year ago levels.
Notably, the percentage of Canadian pork production which was exported to the United States during the month of September at 17.2% was down 6.0% from August’s 23.2% ratio, and very near the 16.9% calculated for September of last year.
