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China Fuels October Pork Exports; Beef Exports Down from Last Year
Strong demand from China bolstered U.S. pork exports in October, according to data released by USDA and compiled by the U.S. Export Federation (USMEF), while October beef exports were below the very high totals posted a year ago.
October pork exports increased 8.5% year-over-year to 225,376 metric tons (mt), while export value climbed 10% to $592 million. January-October export volume was 5% ahead of last year’s pace at 2.13 million mt, while value increased 3% to $5.48 billion.
Pork export value averaged $48.13 per head slaughtered in October, up 4% from a year ago. For January through October, the per-head average was...
September Beef Export Volume Steady with 2018; Pork Exports Higher Year-over-Year
September exports of U.S. beef were steady with last year in volume but export value trended lower, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). Pork exports were above year-ago levels in September but pulled back from the large totals posted in June, July and August.
September beef exports totaled 109,799 metric tons (mt), essentially even with last year, valued at $661.3 million (down 4%). Through the first three quarters of the year, beef exports were 2% below last year’s record pace in both volume (991,325 mt) and value...
August Exports Strong for U.S. Pork; Beef Exports Below Last Year
U.S. pork exports continued to post very strong results in August, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF), while beef exports were below the record-large totals of August 2018.
August pork exports increased 22% from a year ago to 221,586 metric tons (mt), while export value climbed 19% to $588.8 million. These results pushed January-August export volume 4% ahead of last year’s pace at 1.7 million mt, while value increased 1% to $4.35 billion.
Pork export value averaged $54.18 per head slaughtered in August, up 22% from a year ago. For January through August, the per-head average was down 2% to $51.70. August exports accounted for 27.1% of total U.S. pork production and...
July Pork Exports Reach New Heights; Beef and Lamb Exports also Strong
U.S. pork exports were record-large in July while beef exports were relatively steady with last year’s strong results, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF).
July pork exports surged to 233,242 metric tons (mt), up 32% year-over-year and topping the previous record from April 2018. Export value was $623.3 million, up 34% and breaking the previous high reached in November 2017. These results pushed January-July exports 2% ahead of last year’s pace at 1.48 million mt while value was down 2% at $3.77 billion.
Pork export value averaged $58.92 per head slaughtered in July, up 22% from a year ago and the highest in five years. January-July export value averaged $51.33 per head, down...
Pork and Beef Exports Rebound in May; Volume and Value Reach 2019 Highs
May exports of U.S. pork and beef were steady with last year’s strong volumes and increased year-over-year in value, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF).
Pork exports totaled 217,999 metric tons (mt) in May, steady with last year’s pace, while value increased 1% to $567.8 million – the highest monthly value total since April 2018. For January through May, pork exports were still 4% below last year in volume...
REPORTER: Sheepish Sales, Even In The Veal Market
This article was originally featured in the Summer 2019 Edition of Urner Barry's Reporter magazine.
Monthly lamb boxed cut prices in the first quarter of 2019 were mixed compared to the prior year. As of the second week in April, year-to-date lamb and mutton production numbers are roughly 4.8% lower. So far this year, USDA lamb imports have outpaced the equivalent month for last year. Demand for lamb is expected to be steady to slightly stronger as we progress through 2019.
First Quarter Beef, Pork Exports below Last Year’s Pace; Lamb Exports Trend Higher
For the first quarter of 2019, U.S. beef exports were slightly below last year’s record pace while pork exports continued to be slowed by trade barriers, according to March data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). U.S. lamb exports were a first quarter bright spot, trending significantly higher than a year ago.
March beef exports totaled 107,655 metric tons (mt), down 4% year-over-year, while value fell 2% to $678 million. For the first quarter, exports were down 3% at 307,306 mt valued at $1.9 billion (down 0.8%).
March beef exports were very strong on a per-head basis, with export value per head of fed slaughter averaging $335.81 – up 1% from a year ago and the highest since December...
February Exports Below Year-Ago Levels for U.S. Pork, Beef
February exports of U.S. pork and beef fell below last year’s levels while lamb exports trended higher, according to statistics released by USDA and compiled by the U.S. Meat Export Federation (USMEF).
Pork export volume was down 9% from a year ago in February to 186,745 metric tons (mt), while export value dropped 17% to $455.9 million — the lowest monthly value total since February 2016. For January through February, pork exports were 5% below last year’s pace in volume (388,580 mt) and 13% lower in value ($950 million).
Pork export value averaged $45.12 per head slaughtered in February, up slightly from January but 21% lower year-over-year. The January-February average was $44.93, down 16%. Exports accounted for 24% of total February pork production and ...
Beef + Lamb New Zealand Launches Multi-Million Dollar U.S. Branding Campaign
New Zealand grass-fed, pasture-raised beef and lamb is praised by chefs, retailers and consumers all over the world. Thanks to growing U.S. market demand, Beef + Lamb New Zealand, which represents New Zealand's beef and sheep farmers, is launching an integrated marketing campaign in partnership with leading retail brands to educate consumers on the benefits of grass-fed meat from New Zealand, under the Taste Pure Nature origin brand. The multi-faceted program will launch first in California with online display and video ads, social media, public relations and a bespoke website with information and recipe inspiration.
The campaign will launch with retail-leading brand partners including, The Lamb Company™, the largest North American supplier of lamb and its flagship brand, New Zealand Spring Lamb™, First Light™ and its renowned ...
2018 Beef Exports Record-Large; Pork Export Volume Just Short of 2017 Record
Last year U.S. beef exports shattered the previous value record and achieved a new high for volume, according to year-end 2018 statistics released by USDA and compiled by the U.S. Meat Export Federation (USMEF). Pork export volume came up just short of the record set in 2017 while value slipped 1 percent year-over-year. U.S. lamb exports rebounded from a down year in 2017, largely due to stronger variety meat demand in Mexico.
Fueled by tremendous demand in South Korea, Japan, Taiwan and the ASEAN region, U.S. beef exports reached 1.35 million metric tons (mt), up 7 percent from 2017 and exceeding the 2011 record by 5 percent. Export value soared to ...
U.S. Beef Exports Still Red-Hot; Pork Exports Slightly Below Year-Ago Level; Lamb Exports Trend Higher
U.S. beef exports remained on a record-shattering value pace in October, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). October pork exports trended seasonally higher compared to recent months but were still below the results posted in October 2017. Lamb export volume in October more than doubled year-over-year, while value increased nearly 50 percent.
October beef exports totaled 117,838 metric tons (mt), up 6 percent from a year ago, valued at $727.4 million – up 10 percent and the second-highest monthly total on record. For January through October, beef exports totaled 1.13 million mt, up 9 percent year-over-year, while value was up 17 percent to $6.92 billion. For beef muscle cuts only, exports increased 12 percent in volume (867,714 mt) and 19 percent in value ($6.19 billion).
Exports accounted for 13 percent of total beef production in October, which was...
Rabobank: Global Beef Trade Into the 2020s
World Food Prices Jump in November
Women in Food and Agriculture Survey Results: Are Women Fairly Represented in the Industry?
Rabobank Beef Quarterly Q4 2019: Strong Demand to Test Supply in 2020
Consumer Confidence Index Declined Slightly in November
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