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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...
2022 Beef Exports Set Annual Records; Strong Finish for Pork Exports
U.S. beef exports set annual records for both volume and value in 2022, according to year-end data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). Pork exports finished lower year-over-year but export value was the third largest on record, trailing only the highs reached in 2020 and 2021. Pork exports continued to gain momentum in December, led by another outstanding performance in Mexico. While lamb exports slowed in December, 2022 shipments were sharply higher than the previous two years, approaching the...
Pork Exports Continue to Gain Momentum; Beef Export Value Sets Annual Record
November exports of U.S. pork were the largest of 2022 in both volume and value, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). November beef exports were below the large year-ago totals, but 2022 export value already set a full-year record of nearly $11 billion.
Pork exports reached 245,663 metric tons (mt) in November, up 3% from a year ago, while export value climbed 10% to $725.1 million...
Industry Reacts to Confirmation of USDA Trade Undersecretary
The U.S. Senate confirmed the appointment of Alexis Taylor, of Iowa, to be Under Secretary for Trade and Foreign Agricultural Affairs at the U.S. Department of Agriculture.
The move led to responses from industry associations and politicians involved in the agriculture and protein sector.
The U.S. Meat Export Federation President and CEO Dan Halstrom issued this statement:
“USMEF thanks the U.S. Senate for its confirmation of Alexis Taylor, who will be a tremendous asset to USDA and a champion for U.S. agriculture. USMEF had many opportunities to work with Ms. Taylor in...
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