November Beef Exports Remain on Record Pace; Headwinds Weigh on Pork Exports
U.S. beef exports continued on a record pace in November while pork exports trended lower year-over-year, according to statistics released by USDA and compiled by the U.S. Meat Export Federation (USMEF).
Beef exports totaled 112,842 metric tons (mt) in November, up 1 percent from a year ago, while value climbed 6 percent to $709.2 million. For January through November, exports reached 1.24 million mt, up 8 percent year-over-year and 6 percent above the record pace of 2011. At $7.63 billion, beef export value was up 16 percent and has already broken the full-year record set in 2017 ($7.27 billion).
Beef export value per head of fed slaughter is also on a record pace, averaging $322.97 in ...
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