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New Opportunities Developing for U.S. Beef in China’s Foodservice Sector
China’s economy is off to a good start in 2023 as consumer spending rallies from extended pandemic restrictions. Foodservice is rebounding and importers are working aggressively with its restaurant customers to meet changing demand from consumers. The pursuit of fresh ideas is creating new opportunities for high-quality, grain-fed U.S. beef in a sector that is accustomed to lean, grass-fed beef from South America.
USMEF partnered with a key importer to conduct training on specific U.S. beef cuts for one of its customers, a hot pot chain with...
October Pork Exports Largest in 16 Months; Beef Exports Already Top $10 Billion
October exports of U.S. pork were the largest in more than a year and beef export volume also increased from a year ago, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF).
Pork exports reached 238,198 metric tons (mt) in October, up 5% from a year ago and the largest since June 2021. Pork export value increased 13% to $697.3 million, the highest since May 2021. For January through October, pork exports were 12% below last year...
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...
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...
Analysis: UK Beef Prices Hold Firm Amid Tight Cattle Market
Urner Barry's Fall 2023 Reporter Issue Released; Read It Online For Free Now
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