Pork exports in June were up 1.3% from June of last year (muscle cuts). January through June pork exports are up 2% compared to the first half of last year. Despite the tariff on U.S. pork, China still holds as our 5th largest customer taking 23.8 mm lbs of pork. While this was down 37% from last year, my point is that China is still importing U.S. pork. Exports to Mexico were down 4%. Pork trade with Japan was up 4%, up 28% to S. Korea, up 5% to Canada and soared by 78% to Colombia. While the tariff induced slowdown is not good I contend its not a disaster. Youd never know that by looking at the futures market and by witnessing the carnage in the cash market of recent. In my opinion the market has over-baked the fear of declining exports.

DH, I bt some more June @ 71.85 this morning!
Dewey