US beef exports to Central America reached their highest since March

September beef exports to Central America reached their highest level since March 2023, totaling 2,050 mt, a 15% increase from the previous year. The value of these exports also rose by 7% to $15 million. From January to September, exports to the region grew by 4% to 15,702 mt, with a value of $114.9 million, marking a 9% increase despite adjusting for higher unit export prices. Both Panama and Guatemala have seen significant growth in their imports of US beef, with Guatemala being the leading Central American market. Record large shipments are anticipated from the country for the second year in a row in 2024.