United States: Red meat exports continue record pace

Published 2021년 8월 9일

Tridge summary

The US Meat Export Federation (USMEF) reported record-breaking first-half exports for beef and pork, despite challenges such as labor shortages and logistical issues. Beef exports in June were up 42% from the previous year, reaching the third-highest monthly value on record at $804.4 million. Pork exports also saw a 15% increase in June, with a value of $696.8 million, the highest since 2014. Overall, beef exports for the first half increased by 18% to 700,087 tonnes, valued at $4.64 billion, while pork exports rose by 1% to 1.58 million tonnes, with a value of $4.33 billion. Lamb exports experienced a growth of 25% in the first half, reaching 6,816 tonnes, with a value of $9.1 million. The USMEF's detailed summary of these exports, including market-specific highlights, is available on their website.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

“USMEF had expected a continued strong performance in June for both beef and pork exports, despite significant headwinds,” said Dan Halstrom, USMEF president and chief executive officer. “2021 has presented many formidable challenges for the US industry, including a very tight labor situation, logistical obstacles that slowed product movement and foodservice restrictions in many key markets. So, the fact that first-half exports reached record levels speaks to the loyalty of our international customer base, strong consumer demand for high-quality, nutritious US red meat and the US industry’s ability to adapt to a challenging and rapidly changing business climate. We have also seen a welcome rebound in beef and pork variety meat volumes, which had been down last year.” Total beef exports for the month of June were 112,249 tonnes, up 42% from a year ago when COVID-related slowdowns in production affected exports. The export value of beef increased 68% from a year ago to $804.4 ...
Source: Meat+Poultry

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.