Monday, September 19, 2011

US pig meat exports to China surge over 2010 numbers

The cumulative volume of pig meat exported from the U.S. to China was 200 million pounds in first seven months of 2011, a five-fold increase from the same period of last year, reported China Business News, citing the U.S. Department of Agriculture. China has become the fifth-largest market for U.S. pork exports.
China's domestic pork output was 50.7 million tons in 2010, with 667 million pigs sold for slaughter. Domestic demand for pork is currently strong and expected to remain so, and the number of pigs sold to slaughter will increase, according to analysts. The selling price or pork, at 30.86 yuan (US$4.83) per kilogram on Sept. 9, may fall in the second half of 2011.

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