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April Pork Exports Largest in Nearly Three Years; Beef Exports Also Trend Higher
April exports of U.S. pork reached the highest volume and value since May 2021, according to data released by USDA and compiled by USMEF. It was also a robust month for U.S. beef exports, which were the largest in 10 months and valued at just under $900 million.
Fueled by a record performance in leading market Mexico, pork exports totaled 277,910 metric tons (mt) in April, up 14% from a year ago and the fifth largest on record. Export value climbed 18% to $778.8 million
DOA: Australian Government Phase Out of Live Sheep Exports by Sea
Decision on how and when
The Australian Government has announced the export of live sheep by sea will end on 1 May 2028.
Legislation will be introduced in this term of the Australian Parliament to end the trade in law.
Trade can continue until the end date without any additional restrictions such as caps or quotas. The prohibition will not apply to other livestock export industries, such as live cattle exports, nor will it apply to live sheep exports by air...
ANALYSIS: Australia's March Beef/Veal Exports Reach Highest Levels Since 2014, US Takes Top Spot
Australia’s beef/veal exports for March surged to levels not seen since 2014, up 7.7% y-o-y or up 7,595 mt to 106,573 mt, data from the Department of Agriculture, Fisheries, and Forestry (D.A.F.F) indicated. This also pointed to a consecutive monthly increase of 12,739 mt or 13.6% m-o-m.
Notably, the US has taken over as the largest export destination for Australia, surpassing Japan, for the first time since 2015. The Monthly Australian Meat Export figures to...
Analysis: Weekly Record High Volume in US Fresh Imported Lamb Product
According to the USDA’s latest National Weekly Lamb Carcass & Lamb Cuts report, the week of March 11th, 2024, experienced the highest weekly national imported volume of fresh lamb products to the US recorded since data collection began in 2005, totaling 4,424,235 pounds.
This represents a substantial increase, showing a 19.4% rise in the year-to-date total volume compared to this same period last year, and highlights a peak in demand activity as Easter 2024 approached. A significant portion...
The Retail Rundown: The April Outlook
The first inklings of planting season have made an appearance and with it comes the prospect of prolonged warmer weather. April typically launches a period of improved foodservice and retail demand as the shift in seasons encourages consumers to venture outdoors and fire up the grill. Moreover, spring break is underway, giving a boost to foodservice interest.
With spring in full swing, feature volume will begin to shift from roasts, popular with cooler weather cooking, to grilling cuts. Currently, the pork category overtakes seafood for a second consecutive week with the most feature volume...
Mintec's 2024 US Easter Index
Mintec’s US Easter Index measures price fluctuations across key food commodities that are typically consumed in the US during the Easter period. The US Easter Index compares the commodities’ prices in March 2024 against March 2023 to determine whether consumers will be hypothetically better or worse off this Easter. The Index is comprised of three sub-indices: the US Easter Protein Index represents a selection of meats, fish and eggs that will typically be eaten as part of a main Easter dinner; the US Easter Chocolate Index compares the main...
Rapid Start for 2024 Pork Exports; Beef Export Value Above Year-Ago
U.S. pork exports raced to a great start in 2024, according to January data released by USDA and compiled by USMEF. While January beef exports were slightly below last year’s volume, export value trended significantly higher. Lamb exports were also strong in January, posting the highest value in more than four years.
Although January pork exports were led by another powerful performance in leading market Mexico, U.S. pork continued to make gains in a wide range of Western Hemisphere and Asia-Pacific destinations...
M&P Production LTD Recalls Raw Lamb and Beef Samsa Products
M&P Production LTD, a Brooklyn, N.Y. establishment, is recalling approximately 669 pounds of raw lamb and beef samsa products due to misbranding and an undeclared allergen, the U.S. Department of Agriculture’s Food Safety and Inspection Service (FSIS) announced today. The product contains sesame seeds, a known allergen, which is not declared on the product label.
The raw, frozen lamb and beef samsa items were produced between Jan. 2, 2024, and Feb. 22, 2024 and have a shelf-life of one year. The following products are subject to recall...
ANALYSIS: A Seasonal Snapshot of Christmas and Easter's Boost to Lamb Leg Sales
As Easter approaches, the demand for lamb legs in retail stores noticeably rises, spurred by holiday traditions. Consumers, particularly those of the Catholic faith, often buy lamb legs for Easter as a symbol of renewal. Similarly, lamb is a popular choice during Christmas for some households. This trend leads to a significant uptick in both discounted and non-discounted sales at the retail level, highlighting the cultural impact of these occasions on the protein markets. To meet this surge in demand, suppliers and retailers diligently ensure an...
U.S. Pork Export Value Sets Annual Record; Strong Finish for Beef Exports
Led by a record-shattering performance in Mexico and broad-based growth in other markets, U.S. pork exports set a value record in 2023, according to year-end data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). While 2023 beef exports were below the record totals posted the previous year, December exports were the largest since August and December export value increased 10% year-over-year.
December pork exports climbed nearly 10% from a year ago to 268,399 metric tons...
V&V Walsh Signs MOU With Chinese Supplier to Increase Beef and Lamb Exports
Exports of Western Australian grain-fed beef, lamb, and mutton are expected to increase thanks to a $40 million trading partnership memorandum of understanding (MOU) signed by V&V Walsh with China’s High Hope Group.
V&V Walsh is Western Australia’s leading lamb and beef producer. The MOU signed with the High Hope Fresh Food division links V&V Walsh to end-users in the High Hope Group’s Jinling Hotel chain, which has 118 luxury hotels and resorts throughout China...
November Pork Export Value Highest in 30 Months; Asia Headwinds Persist for Beef
Fueled by record performances in Mexico, Central America and Colombia, November exports of U.S. pork reached the highest value since mid-2021, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). U.S. beef exports slowed in November, recording the third lowest value of 2023. November lamb exports also trended lower.
November pork exports totaled 258,601 metric tons (mt), up 5% from a year ago and the highest in six months. Export value was up 2% to $737.4 million, the highest...
REPORTER: The Landscape of the U.S. Lamb Market
This article was originally featured in the WINTER 2024 Edition of Urner Barry’s Reporter magazine.Both domestic and imported lamb, which are typically most popular in white tablecloth establishments, have trended well historically in Q4 ahead of the Thanksgiving and Christmas holiday. With extended family and friends getting together more often than not during these months and opting for foodservice options around the actual holidays, items like lamb rib racks typically see a gain. However, this year is seeing some atypical price action...
U.S. Lamb Showcase Highlights Quality and Market Opportunities in Mexico
USMEF brought suppliers and buyers together for a daylong event focused on U.S. lamb, including market insights and product opportunities in Mexico.
Mexico’s economy is in the midst of a broad-based economic expansion, bringing heightened demand for high-quality protein and new developments in the foodservice sector. USMEF believes the conditions in Mexico are favorable for U.S. lamb.
“At USMEF, we are seeing new opportunities in foodservice for U.S. lamb,” said Gerardo Rodriguez, USMEF’s director in Mexico, Central America and the Dominican Republic...
Another Record Month for Pork Exports to Mexico; Beef Exports Show Modest Rebound
U.S. pork exports posted another strong performance in October, led by record-large shipments to Mexico and broad-based growth elsewhere, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). October beef exports remained well below last year’s large totals but improved from September, led by stronger demand in Mexico and Taiwan.
October pork exports totaled 245,345 metric tons (mt), up 3% year-over-year and the largest since June, valued at $688.2 million – down 2% from a year ago....
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