Imports and Exports
With support from the USDA, the National Pork Board and the Beef Checkoff Program, the U.S. Meat Export Federation (USMEF) has embarked on a mission to enhance the merchandising of U.S. red meat in Colombia.
U.S. pork exports posted another strong performance in October. Beef exports remained well below last year’s large totals but improved from September.
In a positive development for the U.S. meat industry, China recently granted approval for 18 U.S. beef establishments and 12 U.S. pork establishments to export to China, the U.S. Meat Export Federation reports.
In recognition of many years of service to the U.S. agricultural industry, the U.S. Meat Export Federation recently announced its 2023 award recipients.
While ag economists continue to be at odds when it comes to the likelihood of a recession in the U.S., some doubt the country’s biggest importers will be able to avoid a recession over the next 18 months.
U.S. Meat Export Federation President and CEO, Dan Halstrom, recently shed light on an international producer and grower tour, as well as the current state of U.S. meat exports.
The International Longshore and Warehouse Union agreed to a six-year contract, effective July 1, 2022 through July 1, 2028.
USDA on Thursday lowered expectations for both ag exports and imports in FY 2023. The export decline is linked to corn and wheat, while the import decline is correlated with easing prices.
Latin American meat importers recently convened at an USMEF seminar held at the University of Nebraska-Lincoln to gain a comprehensive understanding of the merits and distinctive qualities of U.S. beef and pork.
Access has recently been granted for Brazilian pork and beef imports to the Dominican Republic, reports the U.S. Meat Export Federation, following an announcement by Brazil’s Minister of Agriculture and Livestock.
This slump, deeper than May’s 7.5% drop, represents the largest decline since February 2020.
Following remarkable export totals posted in the first half of 2022, this year has continued to fall short. However, a rebound in travel, tourism and other foodservice has continued to support beef demand abroad.
While a backlog of ships may not be grabbing headlines compared to 2020, the labor uncertainty is impacting U.S. red meat exports, says Dan Halstrom, USMEF president and CEO.
Despite facing headwinds in late 2022 through the start of 2023, U.S. beef exports may be looking up, according to data released by USDA and a report compiled by the U.S. Meat Export Federation (USMEF).
Exports rose 2.1% in March from the prior month to a seasonally adjusted $256.2 billion while imports declined 0.3% to $320.4 billion, the Commerce Department said.
With the youngest demographic in the world, the U.S. Meat Export Federation sees Africa as a promising destination for U.S. red meat exports, but not without a number of supply chain challenges.
In an essential area for U.S. red meat exports, USMEF announces a leadership change in the Asia-Pacific region, as Joel Haggard transitions into a consultant role and Jihae Yang, former Korea director, steps in.
Non-tariff barriers “are real and can be more significant hurdles than tariffs,” U.S. Trade Representative Katherine Tai says.
U.S. pork and beef exports contributed an estimated total economic impact of 15% per bushel to the value of corn and 13% per bushel to soybeans in 2022, study results find, released by USMEF.
U.S. Meat Export Federation leaders share the importance of supporting fellow producers and other key partners and release impact numbers of red meat exports on corn and soybean values in the U.S.
U.S. pork exports finished 2022 strong and continued momentum into January, while U.S. beef exports slow in 2023, with shipments well below the large totals from a year ago, according to USDA data compiled by USMEF.
“In this current situation, the traditional approach to free trade agreements — which isn’t just tariff cuts, but that they do tariff cuts on a fully comprehensive basis — isn’t what we need right now,” Tai says.
A team of 15 U.S. industry leaders participated in a local food show, visited a processing facility and saw the broad range of food retail offered in Monterrey, says Gerardo Rodriquez of USMEF.
A case of Atypical BSE, or mad cow disease, was confirmed in the northern state of Para, Brazil on Wednesday. However, the real question is—when did this case actually occur? USCA and NCBA leaders share their thoughts.
After easing China’s COVID restrictions and a wave of COVID moved through its residents, Chinese consumers are quickly returning with an excess of cash in hand, the U.S. Meat Export Federation reports.
Marking 2022 as the busiest fiscal year ever, the U.S. Customs and Border Protection (CBP) agriculture specialists intercepted a total of 1.2 million lbs. of prohibited products at America’s largest seaport complex.
The price surge comes as Europe announced a ban on Russian diesel fuel and G7 countries vowed to price-cap Russian oil products.
U.S. pork and beef export markets may have unique opportunties in 2023, capitalizing on the competetive opportunity for U.S. pork exports in key markets and diversifying the portfolio of U.S. beef products.
Members of the bloc agreed on how to create a tool that will force foreign companies to pay for the cost of their carbon emissions.
While optimism for U.S. red meat exports to China builds in the long-term, bumpy months may be ahead in the short term.