U.S. beef, and pork see strong gains from September

Published 2024년 11월 6일

Tridge summary

September beef and pork exports increased by 5% and 8% in volume, and 6% and 6% in value respectively, compared to the same period last year. Despite a 2% decrease in volume, the January-September exports valued at $7.82 billion showed a 5% increase. Beef exports to Asia, excluding China/Hong Kong, and pork exports to Central America and ASEAN region experienced significant growth. However, lamb exports saw a decrease of 32% in September both in volume and value.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

September beef exports totaled 103,980 tonnes, up 5% from last year. Export value climbed by 6% to $843.8 million. January-September exports increased 5% in value to $7.82 billion, despite volume falling 2% to 960,814 tonnes. Except for China/Hong Kong, September exports in the beef category trended higher than in 2023 in all major Asian markets, and demand remained strong in Mexico along with shipments from Central America. “The tourism rebound in Asia has certainly provided momentum for US beef, especially in Japan, Taiwan and Korea,” said Dan Halstrom, president and chief executive officer of USMEF. “We also saw impressive growth in the Philippines and Indonesia, which are markets where we see a lot of untapped growth potential.” Pork exports for September went up 8% year-over-year to 238,047 tonnes with value increasing 6% to $685.1 million. Through nine months, pork exports were 5% above last year’s pace at 2.23 million tonnes, with value up 7% to $6.36 billion. “US pork’s ...
Source: Meat+Poultry

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