Pork and beef experienced dips in both export volume and value in February compared to 2018 levels, according to statistics released last week by USDA and compiled by the U.S. Meat Export Federation.

Pork was the hardest hit, with export volume dropping 9% from a year ago to 186,745 metric tons (mt), while export value dropped 17% to $455.9 million — the lowest monthly value total since February 2016. For January through February, pork exports were 5% below last...