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September Pork Exports Continue Upward Trend; Pace Cools for Beef
U.S. pork exports topped year-ago totals for the second consecutive month in September, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). September beef exports were below last year for the first time in 2022, but exports remain on a record pace through the first three quarters of the year.
Pork exports reached 222,202 metric tons (mt) in September, up 1% from a year ago. Export value increased 9% to $664.8 million – the highest since June 2021. Through September, pork exports were...
July Beef Exports Stay on $1 Billion/Month Pace; Pork Exports Remain Below Last Year
U.S. beef exports again topped $1 billion in July and posted the fifth-largest volume on record, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). Pork exports remained below last year’s pace but continued to gain strength in Colombia and the Caribbean and stayed above year-ago for Mexico, the leading destination for U.S. pork.
July beef exports totaled 126,567 metric tons (mt), up 3% year-over-year. Export value increased 7% to...
ANALYSIS: Why are lamb weights elevated versus last year?
As this year has worn on, many participants have noted that domestic lamb weights are much heavier than last year...
First-Half Beef Exports on $1 Billion/Month Pace; Pork Exports Below Last Year
U.S. beef exports remained on a red-hot pace in June, topping $1 billion for the fifth time this year (after twice hitting $1 billion in 2021), according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). Exports of U.S. pork remained below last year’s large totals in June, while lamb exports continued to trend higher.
June beef exports totaled 130,638 metric tons (mt), down slightly from the record volume posted in May but up 16%...
ANALYSIS: Are Domestic Lamb Prices Actually Weak, or Is It All Relative?
Heavy lamb carcass prices for the week of July 18, 2022 are at $383.5/cwt which is a 52 week-low and when comparing to the same week in 2021, a whopping 24% lower...
Another $1 Billion Month for Beef Exports; Pork Exports Remain Below Year-Ago
U.S. beef exports maintained a remarkable pace in April, topping $1 billion for the third time this year, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). April pork exports were well below the large totals posted a year ago, while lamb exports continued to trend higher.
Beef exports totaled 124,408 metric tons (mt) in April, up 3% from a year ago and the fifth largest on record, while export value soared 33% to $1.05 billion – second...
USMEF Spring Conference Examines Strong Global Demand Tempered by Growing Economic Challenges
The U.S. Meat Export Federation (USMEF) Spring Conference got underway Wednesday in San Antonio, attracting a diverse range of participants including pork, beef, lamb, corn and soybean producers, as well as packers, processors, exporters and traders from throughout the United States.
USMEF Chair Mark Swanson, who recently founded food safety consulting firm Tru Grit KGMS Enterprises LLC, welcomed attendees and urged them to take the opportunity to visit one-on-one with a strong contingent of USMEF’s international staff from Asia, Mexico...
Beef Export Value Sets Another Record; Pork Exports Improve but Remain Below Last Year’s Total
U.S. beef exports soared to another new value record in March, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). March pork exports were the largest so far this year but well below the record-large totals posted in March 2021. Lamb exports continued to gain momentum in March, reaching the third largest monthly volume on record and the highest value in nearly eight years.
Beef exports totaled 126,285 metric tons (mt) in March, up 1% from a...
Global Demand for U.S. Beef Continues to Soar; Pork Exports Below Last Year
U.S. beef exports posted another strong performance in February, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF), led by excellent value growth in key Asian and Latin American markets. Pork exports trended lower year-over-year, as larger shipments to Mexico and Japan did not offset the continued decline in demand from China/Hong Kong. Lamb exports continued to gain momentum, reaching the highest monthly value since 2014.
“Rarely have we seen so many outside forces creating headwinds for..."
2021 Beef Exports Shatter Previous Records; Pork Export Value Also Reaches New High
U.S. beef exports greatly exceeded previous volume and value records in 2021, surpassing $10 billion for the first time, according to year-end data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). Pork exports finished slightly below the record volume reached in 2020 but set a new value record, topping $8 billion for the first time.
December beef exports totaled 121,429 metric tons (mt), up 1% from a year ago, while value climbed 33% to $991.8 million – the third largest...
November Beef Exports Set New Value Record; Pork Exports Remain Strong
U.S. beef export value reached another new high in November, topping $1 billion for the second time in 2021, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). November pork exports were lower than a year ago, but year-to-date export value maintained a record pace at more than $7.5 billion.
November beef exports totaled 123,641 metric tons (mt), up 7% from a year ago and the fourth largest monthly volume in the post-BSE era. Export value was...
Beef + Lamb New Zealand and Silver Fern Farms Collaboration Increases Sales in U.S. Market
Beef + Lamb New Zealand (B+LNZ) and Silver Fern Farms are celebrating another year of successful joint marketing efforts in the United States. The partnership, which included a series of seasonal marketing campaigns, outdoor advertisements and creative brand programs, resulted in significant sales growth and increased awareness.
American appetite for grass-fed sustainably raised New Zealand beef and lamb is growing. Lamb and beef exports to the US have lifted by 41% and 5% respectively compared to the 2019-2020 season, with...
UK Lamb Could be Shipped to the U.S. in the New Year
Lamb exporters in the UK will have access to the American market – worth an estimated $48.9 million (£37 million) in the first five years of trade – as we head into 2022.
After extensive risk evaluations, US authorities have today removed the small ruminant rule, which was introduced more than 20 years ago banning imports of lamb from countries where scrapie had been identified.
Work has been ongoing to finalise this important piece of legislation in the US, effectively allowing UK processors to be eligible to ship...
Protein Markets Contend with More Than Just "Seasonal" Issues Heading Into Q4
ANALYSIS: Shell Egg Prices Crack New Record Highs Amid Strong Demand, Depleted Inventories
This Week in Retail: Seasonal Trends Start to Shift
Urner Barry Releases September Soy & Wheat Report
Urner Barry Releases September Pulse Protein Report