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).
Japan is the leading value destination for both U.S. beef and U.S. pork, says USMEF Economist Erin Borror, But, she cautioned that the competitive terrain in Japan has gotten steeper for U.S. red meat.
With support from the Beef Checkoff Program and the USDA Market Access Program, the U.S. Meat Export Federation (USMEF), a contractor to the Beef Checkoff, promotes U.S. beef at the Gulfood trade show
While China has seen some decline in consumer demand for pork, this is likely temporary, given that pork is such a longstanding and important staple of the Chinese diet. Does that leave opportunity for the U.S.?
Beef exports totaled 112,842 metric tons (mt) in November, up 1% from a year ago, while value climbed 6% to $709.2 million. At $7.63 billion, beef export value was up 16% and has broken the full-year record set in 2017.
For thousands of producers attending the Cattle Industry Annual Convention in New Orleans, the record pace of U.S. beef exports was a major topic of discussion and great source of industry optimism.
The Comprehensive and Progressive Agreement for Trans-Pacific Partnership took effect Dec. 30, making Vietnam a promising but highly competitive market for U.S. beef and pork.
2018 beef and pork exports will use a combined total of 14.9 million tons of corn and DDGS, which equates to an additional 459.7 million bushels of corn produced – an increase of 29 percent over the 2015 projections.
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).
Last week the U.S. Meat Export Federation (USMEF) launched U.S. lamb’s return to the Japanese market with an educational seminar and tasting event in Tokyo.
Creating export relationships for U.S. beef, pork and lamb are critically important. At the Salon International de l’Alimentation (SIAL) trade show, USMEF met with many country leaders to improve U.S. meat exports.
