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Beef, Pork Muscles Lead February Export Advances

Signs of progress seen in key markets.
Compiled by staff 
Published: Apr 15, 2010
According to statistics released by USDA and compiled by the U.S. Meat Export Federation, U.S. beef and pork exports grew in February, with strong expansion in muscle cuts leading the way in both. The monthly value of total U.S. beef exports jumped 14.5% while pork exports for the month moved up 2.6%. Beef tonnage climbed 8.6%, while pork tonnage was up just under one% in volume.

Pork exports in February accounted for 25% of total
U.S. pork production, equating to nearly 44-dollars per head, up from 37.37 per head just last month. On the beef side, exports remained steady at 10% of production but the value edged up to $123 per head of steer and heifer slaughter from $119 in January.

As for the
U.S. lamb export market that is coming off a record year for the value of U.S. lamb exports in 2009, and the second-highest year for volume, exports in the first two months of 2010 are up 37% in volume but down 21% in value. Total lamb exports are led by Mexico, which has moved from No. 3 to No. 1, accounting for 53.3% of U.S. export volume and 52.1% of export value. Exports to Mexico are up 204% in volume and 243% in value.

U.S. MEF President and CEO Philip Seng said there are solid signs of progress in key markets and that means positive growth in profitability for
U.S. producers.

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