Potential for U.S. pork export growth
An ag economist says there’s opportunity for strong pork export growth outside of major U.S. pork trading partners.
University of Missouri ag economist Scott Brown said key pork export markets China, Mexico, Korea, and Japan are strong, but the best growth opportunity is elsewhere.
“You’re looking at markets that are taking three to three and a half million metric tons of products from different countries around the world,” Brown said. “Those are the ones where we want more.”
He tells Brownfield the challenge is increasing the volume of smaller trade deals.
“I think that’s slope, because a lot of them are going to be small when you look at them individually, but important for growth going forward.”
Brown said domestic pork demand has been strong despite economic uncertainty.
Brownfield interviewed Brown at the Missouri Pork Association’s Swine Health Symposium Wednesday.