
September U.S. beef exports rose 1% year over year to more than 81,000 metric tons, and export value increased 8% to over $712 million, with strong demand from Taiwan and gains in other markets. Pork exports fell 7.5% to just over 216,000 metric tons, while their value declined 13.5%, as lower sales to Mexico and China outweighed gains in several Central American and Caribbean markets.
Stronger beef export value supports demand for U.S. beef, while declining pork shipments and value add pressure to the U.S. pork market. Continued competition and weaker sales in key destinations may limit export demand.
After 268 past bullish report events, Live Cattle moved a median +0.3% over 5 sessions (58% higher; middle half -0.7% to +1.4%), and +1.7% over 20.
After 159 past bearish report events, Lean Hogs moved a median -0.2% over 5 sessions (47% higher; middle half -2.2% to +1.3%), and +1.0% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.