USA - First-quarter pork imports and exports

USDA revised second-quarter hog prices downward, to reflect price weakness in April and negative effects of H1N1 flu virus in May. June prices are expected to recover from May lows. First-quarter U.S. pork exports were 1.033 billion pounds, 6.6 percent below a year ago, but more than 30 percent above first-quarter 2007. First-quarter U.S. pork imports were 205 million pounds, 5.5 percent lower than last year, with imports from Mexico accounting for a significant share of the decline. Live swine imports were almost 40 percent lower in the first quarter than a year ago.