For the first quarter of 2019, U.S. beef exports were slightly below last year’s record pace, according to the U.S. Meat Export Federation.
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January exports of U.S. pork and beef were well above year-ago levels.
Exports accounted for 13.7 percent of total beef production in September, reports U.S. Meat Export Federation.
Bilateral talks aimed at reducing the U.S. trade deficit with China have yielded some initial deals, but U.S. firms say much more needs to be done as a deadline for a 100-day action plan expires on Sunday.
China is the world’s second largest economy, and has a rapidly growing middle class. As China’s middle class grows, so will China’s demand for animal proteins.