USMEF

More Details from the Latest Red Meat Export Report

Dan Beef, Cattle, Livestock, Pork, Sheep-Goats

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We told you earlier that a new report shows U.S. beef exports again topped $1 billion in July and posted the fifth-largest volume on record. The data, released by USDA and compiled by the U.S. Meat Export Federation (USMEF), shows beef exports were up 3% year-over-year, while export value increased 7% to $1.006 billion.

USMEF President and CEO Dan Halstrom cites growth in Japan, China/Hong Kong and the Philippines as highlights for the Asian markets, while beef exports also continued to expand to the Caribbean and Central America.

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July pork exports remained below last year’s pace at 208,095 mt, down 6%, but continued to gain strength in several markets, including Mexico, Colombia and South Korea. Halstrom notes that while July exports to China/Hong Kong were lower than a year ago, shipments were the largest of 2022 as China’s demand for imported pork is rebounding to some degree. 

A detailed summary of January-July exports for U.S. beef, pork and lamb is available on the USMEF website.