Seng Addresses Pork Producers at Illinois Pork Expo
Seng Addresses Pork Producers at Illinois Pork Expo
On Wednesday, USMEF President and CEO Philip Seng gave Illinois pork producers an update on U.S. pork exports and a global perspective on the pork industry. Seng was one of the featured speakers at the 2010 Illinois Pork Expo in Peoria.
Seng provided specific insights on the successes U.S. pork has achieved in its two leading export markets, Japan and Mexico. He noted that when year-end numbers become available, Japan is likely to match its all-time value record of $1.54 billion, which was set in 2008. The United States is Japan’s leading supplier of imported pork with a market share of 46 percent – up from 38 percent just two years ago. Despite the temporary interruption in pork demand created by H1N1 influenza, pork exports to Mexico rebounded quickly and will post new records in terms of both volume and value in 2009.
USMEF President and CEO Philip Seng
Seng also discussed the year’s biggest struggles for U.S. pork exports – lack of market access in China and Russia. China’s H1N1-related ban on U.S. pork is estimated to have cost U.S. producers about $40 million in pork export value, while Russia’s delisting of more than 30 processing facilities has brought exports to Russia to a virtual halt.
“The global marketplace gives us a great opportunity to define our future and the future of this industry,” Seng said. “But adaptation is the key to survival, and we must address these market access setbacks and other emerging issues that have become increasingly important to our consumers in overseas markets.”
He offered special thanks to the state’s industry partners for their support of USMEF, including the Illinois Pork Producers Association, Illinois Cattlemen’s Association, Illinois Farm Bureau, Illinois Corn Marketing Board and Illinois Soybean Association.
Producers attending the Pork Expo also heard presentations on alternative swine housing methods, environmental issues, trends in industry lending and financing and the impact of animal welfare activists on the pork industry.
# # #
The U.S. Meat Export Federation (www.USMEF.org) is the trade association responsible for developing international markets for the U.S. red meat industry and is funded by USDA, exporting companies, and the beef, pork, corn and soybean checkoff programs.
For more information, contact Jim Herlihy at jherlihy@usmef.org.
USMEF complies with all equal opportunity, non-discrimination and affirmative action measures applicable to it by contract, government rule or regulation or as otherwise provided by law.
Seng Addresses Pork Producers at Illinois Pork Expo
On Wednesday, USMEF President and CEO Philip Seng gave Illinois pork producers an update on U.S. pork exports and a global perspective on the pork industry. Seng was one of the featured speakers at the 2010 Illinois Pork Expo in Peoria.
Seng provided specific insights on the successes U.S. pork has achieved in its two leading export markets, Japan and Mexico. He noted that when year-end numbers become available, Japan is likely to match its all-time value record of $1.54 billion, which was set in 2008. The United States is Japan’s leading supplier of imported pork with a market share of 46 percent – up from 38 percent just two years ago. Despite the temporary interruption in pork demand created by H1N1 influenza, pork exports to Mexico rebounded quickly and will post new records in terms of both volume and value in 2009.
USMEF President and CEO Philip Seng
Seng also discussed the year’s biggest struggles for U.S. pork exports – lack of market access in China and Russia. China’s H1N1-related ban on U.S. pork is estimated to have cost U.S. producers about $40 million in pork export value, while Russia’s delisting of more than 30 processing facilities has brought exports to Russia to a virtual halt.
“The global marketplace gives us a great opportunity to define our future and the future of this industry,” Seng said. “But adaptation is the key to survival, and we must address these market access setbacks and other emerging issues that have become increasingly important to our consumers in overseas markets.”
He offered special thanks to the state’s industry partners for their support of USMEF, including the Illinois Pork Producers Association, Illinois Cattlemen’s Association, Illinois Farm Bureau, Illinois Corn Marketing Board and Illinois Soybean Association.
Producers attending the Pork Expo also heard presentations on alternative swine housing methods, environmental issues, trends in industry lending and financing and the impact of animal welfare activists on the pork industry.
# # #
The U.S. Meat Export Federation (www.USMEF.org) is the trade association responsible for developing international markets for the U.S. red meat industry and is funded by USDA, exporting companies, and the beef, pork, corn and soybean checkoff programs.
For more information, contact Jim Herlihy at jherlihy@usmef.org.
USMEF complies with all equal opportunity, non-discrimination and affirmative action measures applicable to it by contract, government rule or regulation or as otherwise provided by law.