optimistic

Corn Producers See Value through Red Meat Exports

Dan Beef, Corn, Exports/Imports, Industry News Release

The U.S. Meat Export Federation (USMEF) recently received the results of an updated study aimed at quantifying the value delivered to U.S. corn producers through exports of red meat. Joe Schuele reports the original 2016 study, as well as the 2018 follow-up, were conducted by World Perspectives, Inc., a leading agricultural consulting firm. Dave Juday, senior analyst for World Perspectives, explains that …

dairy producers

USDA Says Meat and Animal Product Exports up in 2018

Dan Beef, Exports/Imports, Industry News Release, Pork, Poultry, Sheep-Goats

All major U.S. animal protein sources experienced growth in exports in the first half of 2018 compared to the same period in 2017. The Department of Agriculture’s Economic Research Service said this week that trade data for the first half of the year indicate year-over-year growth for U.S. exports of all major meats as well as dairy and eggs. Dairy …

beef exports

Meat Exports on the Rise for U.S.

Dan Beef, Exports/Imports, Pork, Poultry, Sheep-Goats

Last week, President Trump requested a three-year extension of trade promotion authority, but the request comes amid growing concerns over the direction of the administration’s trade policy. And despite what we are hearing about trade issues, USDA is projecting that U.S. meat exports will rise this year just as production rises. Gary Crawford has the story. U.S. Meat Exports on …

extra

USDA Projecting Strong Red Meat, Poultry Exports

Dan Beef, Exports/Imports, Industry News Release, Pork, Poultry

In spite of a strong U.S. dollar, the USDA is projecting red meat and poultry exports= to rise steadily over the next decade. The trade website, Meating Place Dot Com, says steady global economic growth, especially in developing economies, will drive foreign demand from the U.S. market. After dropping in the early part of this decade, beef exports should begin …

livestock

China Online Mall To Buy Large Amounts of Beef and Pork

Dan Beef, Cattle, Exports/Imports, Industry News Release, Pork

JD.com Commits to Purchasing More Than $2 Billion of U.S. Goods Over Next Three Years Includes agreements to import over $1.2 billion of U.S. beef and pork JD.com, (NASDAQ:JD), China’s largest retailer, participated in a signing ceremony held at the Great Hall of the People, with the company entering agreements to purchase in excess of $1.2 billion of beef from The Montana Stock Growers Association (MSGA) …

meat production

Highlights from August Red Meat Export Results

Dan Beef, Exports/Imports

According to statistics released by USDA and compiled by the U.S. Meat Export Federation (USMEF), U.S. beef exports posted another outstanding performance in August, remaining well above last year’s pace. Joe Schuele has the story.   Another Strong Month for U.S. Beef Exports; Pork Exports Slightly Lower Year-over-Year U.S. beef exports posted another outstanding performance in August, remaining well above …

spring conference

Labor Contract Extension Important Development for Red Meat Exports

Dan Exports/Imports, Labor and Immigration

Last Friday, the International Longshore and Warehouse Union (ILWU) announced its members have approved a three-year labor contract extension covering longshoremen at 29 U.S. West Coast ports. According to a story from Joe Schuele with the U.S. Meat Export Federation (USMEF), this is an important development for red meat exports.

beef

Red Meat Export Momentum Continues

Dan Beef, Exports/Imports, Pork

U.S. red meat (beef and pork) exports had a strong month of May, increasing significantly from April as well as from 2016 levels. USDA statistics compiled by the U.S. Meat Export Federation show pork exports reached more than 222,000 metric tons. That’s an 11 percent year-over-year increase and the fourth largest monthly volume on record. Pork exports were valued at …