october

Red Meat Export Potential a Mixed Bag

Will Jordan General

Looking at the 2024 U.S. red meat export potential, the forecast is mixed. Strong growth on the pork side over the last year has set that market segment up for greater expansion. An approximate eight percent growth in pork exports in 2023 with another four percent expected in 2024, U.S. pork is well-positioned for further growth. Erin Borror, U.S. Meat …

october

Promotions Showcase U.S. Pork Loin to Consumers in Mexico, November Export Number Snapshot

Will Jordan General

U.S. pork has set export records in 2023 with growth in markets across the segment. One unique promotion project that pushed sales in Mexico was conducted through a collaboration of U.S. Meat Export Federation, National Pork Board, and USDA’s Market Access Program and Quality Samples Program. Lorenzo Elizalde, USMEF’s director of marketing and trade in Mexico shares more.

red meat exports

Expanding Red Meat Exports in the Coming Year

Will Jordan Beef, Cattle, Exports/Imports, U.S. Meat Export Federation (USMEF)

by Will Jordan Part two of the conversation with Randy Spronk, a Minnesota crop and livestock producer and current chairman of the United States Meat Export Federation (USMEF). Join us as we discuss the growth and impact of red meat exports across the U.S. livestock industry and USMEF’s strategy for export market diversification and expansion in 2024.

China Approves More U.S. Beef and Pork Plants for Export

Will Jordan Beef, Beef, Cattle, Exports/Imports, General, Industry, Livestock, Livestock News, Pork, Trade, U.S. Meat Export Federation (USMEF)

by Will Jordan and USMEF China’s General Administration of Customs recently approved 18 U.S. beef establishments and 12 U.S. pork establishments for export to China – the first new U.S. plants cleared for export to China in about 10 months. Erin Borror, U.S. Meat Export Federation (USMEF) vice president for economic analysis, says the plant approval process was streamlined by …

red meat

Study Demonstrates Red Meat Exports’ Value to Corn and Soybean Industries

Sabrina Halvorson Agri-Business, Beef

A record value of beef and pork exports brought significant returns to the U.S. corn and soybean industries in 2022, according to an independent study conducted by World Perspectives, Inc. and released by the U.S. Meat Export Federation (USMEF). U.S. pork and beef exports contributed an estimated total economic impact of 15% per bushel to the value of corn and 13% per …

october

Beef Exports Set New Monthly Records

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

New data released by the U.S. Department of Agriculture (USDA) and compiled by the U.S. Meat Export Federation (USMEF), shows U.S. beef exports set new volume and value records in May. Exports reached 135,006 metric tons (mt), up 1% from the previous high posted in May 2021. Export value climbed 20% to $1.09 billion, breaking the March 2022 record. USMEF President and CEO, Dan …

october

Study Shows Red Meat Exports Deliver Value to Corn, Soybean Producers

Dan Beef, Cattle, Corn, Exports/Imports, Field Crops, Livestock, Soybeans

Record level red meat exports of $18.7 billion last year, had a major impact on the corn and soybean industries, according to an independent study by the Juday Group. The study quantified the returns that red meat exports brought to corn and soybean producers in 2021. Corn and soybean growers support the international promotion of U.S. pork, beef and lamb …

beef exports

Inflation Prompts Some Trading Partners to Cut Tariffs on Red Meat

Dan Beef, Cattle, Economy, Exports/Imports, Livestock, Pork, Tariff

South Korea is the latest country to suspend import duties on pork and other food items in an effort to combat inflation. They join Mexico, the Philippines, Taiwan, Vietnam and Brazil in reducing or eliminating tariffs on certain food items to lower consumer prices. And while these tariff reductions sometimes benefit global competitors more than U.S. red meat, the overall …