U.S. beef exports continue to soar; pork exports trend lower
Other Frozen Pork Cuts
Frozen Bone-In Beef
United States
Published Mar 16, 2022
Tridge summary
Coming off a record-breaking performance in 2021, U.S. beef exports remained red-hot in January, according to data released by USDA and compiled by the U.S. Meat Export Federation. Pork exports continued to trend lower in January, despite another outstanding month for exports to leading market Mexico.
Original content
Wide range of markets fuel another $1 billion month for beef exports Beef exports totaled 119,066 metric tons, up 13% from a year ago, while value soared 57% to $1.03 billion. This was the third-highest value total on record – trailing only August and November of last year – and export value per head of fed slaughter set a new record, exceeding $500 for the first time. Export value to South Korea set a new record – topping $300 million – and strong year-over-year increases were achieved in China/Hong Kong, Japan, Taiwan, the Caribbean and Central America. "This is a truly remarkable run for U.S. beef exports, and the momentum is not limited to our large Asian markets," says USMEF President and CEO Dan Halstrom. "Regions such as Central America and the Caribbean contributed significantly to January export growth, and export value made strong gains in the Middle East." Strong pork exports to Mexico, but global shipments trend lower January pork exports totaled 208,808 mt, down ...
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