USA broke meat export record again in May

Published 2022년 7월 12일

Tridge summary

In May, US beef, pork, and lamb exports reached record highs in both volume and value, with beef exports alone exceeding $1 billion for the fourth consecutive month. Despite challenges such as the strength of the US dollar and logistical issues, meat exports saw a 1% increase to 135,005 metric tons and a 20% increase in value to $1,090 million. Pork exports experienced a 21% decrease but achieved the highest monthly volume since November, and lamb exports saw a 35% increase in volume and a 40% increase in value. The US Meat Exporters Federation (USMEF) highlighted the resilience of the industry amidst economic and logistical challenges.

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

Original content

The export of beef from the United States set a new record in volume and value in May, exceeding USD 1 billion for the fourth time. Pork and lamb shipments have also had a good result, although not like that of bovine protein. According to data published by the USDA and compiled by the US Meat Exporters Federation (USMEF), beef exports to Korea, Japan and China/Hong Kong were $1 billion per month for the fourth consecutive month. Meat exports in May reached 135,006 metric tons, 1% more than the previous maximum registered in May 2021. For its part, the value of exports grew 20% to USD 1,090 million, breaking the record of March 2022. From January to May, beef exports increased 4% from the previous year to 613,266 tons, valued at 5.14 billion dollars (34% more). (Read: The United States continues to break records in meat exports) In turn, the main markets South Korea, Japan and China/Hong Kong have already made purchases for more than one billion dollars each, while shipments ...

Source: MXContexto