Pork exports in 2020 have been at unprecedented levels, but they’re expected to temper over the next couple of years
Norman Bessac with the National Pork Board says while the export boom has been good news in a year that’s been full of challenges, it’s not the best long-term strategy. “It’s probably going to be a more modest growth projection of 2 to 3 percent, per year,” he says. “To me that’s good news. That’s sustainable growth from a volume standpoint and it puts us in a good position to create that value.”
And while China has been a big player this year, he tells Brownfield 50 percent of that growth forecast comes from four countries – Mexico, Japan, South Korea, and Canada.