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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...

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Nov 7 8:56 AM, General News



August Pork Exports Trend Higher; Beef Exports Again Top $1 Billion

August exports of U.S. pork topped year-ago totals for the first time in 2022, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). Beef exports were slightly above last August’s large volume and again topped $1 billion in value, reaching this milestone in seven out of eight months this year.

Pork exports reached 226,293 metric tons (mt) in August, up slightly from a year ago and the largest since November 2021, while export value climbed 4% to $659.6 million...

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Oct 7 8:27 AM, General News


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...

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Sep 9 8:00 AM, General News


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%...

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Aug 8 8:04 AM, General News


May Beef Exports Reach New Heights; Pork Exports Largest of 2022

U.S. beef exports set new volume and value records in May, topping $1 billion for the fourth time this year, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). While pork exports were well below last year’s large totals, shipments were the largest of 2022 in both volume and value. U.S. lamb exports continued to trend higher, led by growth in the Caribbean and Mexico.

May beef exports reached 135,006 metric tons (mt), up 1% from the previous high posted...

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Jul 12 9:05 AM, General News


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...

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Jun 10 6:00 AM, General News


Inversion of the Cattle Cycle in Brazil: Increased Production Will Fuel More Growth in Beef Exports

Due to the retention that started in 2019 and gained momentum in 2020, a significantly increased number of calves and steers ready to enter intensive production systems should reach the market in 2H 2022. Added to the increase in the share of females in slaughter, this should bring about a change in the livestock cycle and consequently increase the supply of slaughter cattle.

It is important to point out that, with feed prices still expected to be high in 2H 2022, the margins of...

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May 26 8:00 AM, General News


Minerva Foods Posts Record Consolidated Gross Revenue and EBITDA in the First Quarter of 2022

Minerva Foods, the South American leader in the export of fresh beef and cattle byproducts, which also operates in the processed foods segment, announces to the market the financial results for the first quarter of 2022 (1Q22).

The Company's consolidated gross revenue totaled R$7.6 billion in 1Q22, up by 25% over 1Q21. In the 12 months ended March 2022 (LTM1Q22), consolidated gross revenue reached R$30.1 billion, a 35% increase over LTM1Q21.

In 1Q22, exports accounted for 70% of Minerva Foods' gross...

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May 13 8:00 AM, General News


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...

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May 6 8:09 AM, General News


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..."

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Apr 7 9:29 AM, General News


Strong Momentum Continues for U.S. Beef Exports; Pork Exports Trend Lower

Coming off a record-breaking performance in 2021, U.S. beef exports remained red-hot in January, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). Pork exports continued to trend lower in January, despite another outstanding month for exports to leading market Mexico.

Beef exports totaled 119,066 metric tons (mt), up 13% from a year ago, while value soared 57% to $1.03 billion. This was the third-highest value total on record – trailing only August and November of last year – and export...

 

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Mar 15 8:35 AM, General News


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...

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Feb 14 8:49 AM, General News


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...

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Jan 10 8:29 AM, General News


JD Fresh Partners with World’s Largest Meat Supplier JBS

JBS, the world’s largest meat supplier, partnered with JD Fresh, JD.com’s fresh food business, marking the Brazil-based meat supplier’s first foray into retail business in China. Under the partnership, JBS will launch a flagship store on JD.com.

With 220 factories across the world, JBS offers a wide selection of beef products from many countries, such as Brazil, the United States, Australia, and more.

Through the partnership, JD Fresh will help JBS connect with over 550 million customers on JD.com, providing Chinese consumers with diverse and high-quality choices of meat...

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Dec 28 8:56 AM, General News


Beef Export Value Shatters Annual Record; Pork Exports Still on Record Pace 

October was another strong month for U.S. red meat exports as beef export value continued to soar, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). October pork exports were below last year’s large total but year-to-date shipments remained slightly above the record pace of 2020.

Beef exports reached 115,709 metric tons (mt) in October, up 7.5% from a year ago, while export value climbed 48% to $956.9 million – the second-highest total on record, behind August 2021...

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Dec 9 9:49 AM, General News







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