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Broad-Based Growth for April Pork Exports; Beef Exports Trend Lower
April exports of U.S. pork achieved gains in a wide range of markets, according to data released by USDA and compiled by USMEF, while beef exports were below the very large totals posted a year ago.
Propelled by another month of widespread growth, April pork exports totaled 243,789 metric tons (mt), up 15% from a year ago, while value increased 10% to $660.1 million. For January through April, pork exports climbed 14% to 960,480 mt, valued at $2.62 billion (up 13%)...
Momentum Continues for U.S. Pork Exports in February; Beef Exports Below Year-Ago
U.S. pork exports remained robust in February, achieving double-digit increases over last year in both volume and value, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). Beef exports were lower year-over-year but improved from the low totals posted in January.
February pork exports totaled 219,729 metric tons (mt), up 11% from a year ago, while export value increased 10% to $596 million. This included a particularly strong performance for pork variety meat exports, which jumped 40%...
USMEF Says Beef, Pork Exports Provided Strong Returns for Corn, Soybean Sector
The U.S. Meat Export Federation (USMEF) said record-high values for beef and pork exports led to “significant returns” for domestic corn and soybean industries in 2022, per a study conducted by World Perspectives, Inc.
U.S. pork and beef exports contributed an estimated total economic impact of 15% per bushel to the value of corn and 13% per bushel to soybeans in 2022, according to the study.
“For every bushel of corn we marketed in 2022, a little over $1 was attributed to red meat exports and...
Pork Exports Robust in January; Slow Start for Beef Exports
U.S. pork exports, which posted a strong finish in 2022, maintained momentum in January, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). U.S. beef exports were record-breaking in 2022 but slowed late in the year. This trend continued in January, as shipments were well below the large totals from a year ago.
January pork exports totaled 236,767 metric tons (mt), up 13% year-over-year, while export value climbed 16% to $643.4 million. Exports to Mexico, which finished...
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