Broad-based growth drives U.S. beef and pork exports to new heights

Published 2021년 7월 6일

Tridge summary

U.S. beef and pork exports in May reached record highs, with beef exports volume reaching a new high and pork export volume being the third largest on record. Despite COVID-related challenges, international demand has remained strong. Beef exports to Korea, Japan, and China have seen significant growth, with China becoming the largest supplier of grain-fed beef to China. Pork exports to Mexico and Japan have also rebounded, showing strong growth in Central America and the Philippines. Lamb exports have also seen growth, mainly due to larger shipments to Mexico and the Caribbean.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Fueled by impressive growth in a wide range of destinations, U.S. beef and pork export value shattered previous records in May, according to data released by USDA and compiled by USMEF. Beef exports also reached a new volume high in May, while pork export volume was the third largest on record. “The outstanding May performance is especially gratifying when you consider where red meat exports stood a year ago,” noted USMEF President and CEO Dan Halstrom. “The industry faced unprecedented, COVID-related obstacles at all levels of the supply chain, and a very uncertain international business climate. These challenges are still not behind us, but international demand has been very resilient and the U.S. industry has shown a tremendous commitment to serving its global customers.” Halstrom cautioned that U.S. labor availability remains a major concern and limitation for the industry, and exporters continue to face significant obstacles when shipping product overseas. Due to the ongoing, ...

Source: Usmef