August was another outstanding month for U.S. pork and beef exports, according to statistics released by USDA and compiled by the U.S. Meat Export Federation. Pork exports reached their highest monthly volume of the year at 186,068 metric tons, and the second-highest value total of all time at $531.2 million. Beef exports set an all-time monthly value record at $514.2 million on a strong volume of 116,405 mt. Both pork and beef exports are on pace to set new value records in 2011 and to eclipse the $5 billion mark for the first time ever.

August pork exports were 27 percent higher than a year ago in terms of volume and 44 percent higher in value (surpassed only by the record $553.6 million, set in March 2011). This performance pushed year-to-date exports to nearly 1.44 million metric tons valued at $3.82 billion – an increase of 16 percent in volume and 23 percent in value over last year’s pace. August exports equated to 27.3 percent of production with a value of $56.27 per head, compared to 22.4 percent and $40.87 in August 2010. For the year, pork exports equated to 27.3 percent of production with a per head value of $53.98.