U.S. beef has achieved a significant increase in virtually every major destination except for Mexico this year. While exports to Mexico are down for the year, October totals were up 5% in volume and 10% in value over October 2009. For the same period of time, exports to Canada are up only slightly in volume this year but have surged by 10% in value to $589 million. Japan is up 31% in both volume and value. And Korea remains in fourth place with an increase of 125% in volume and 168% in value.
Despite ongoing market access issues and some trade barriers that have recently surfaced, the U.S. pork industry is mounting a challenge to the 2008 export record. Mexico, the largest volume market for U.S. pork, has already broken the single-year value record with 437,615 metric tons valued at $795.3 million.
U.S. pork is also posting another positive year in Japan, reaching 358,578 metric tons valued at more than $1.35 billion. This is up only slightly in volume over last year, but 4% higher in value. And exports to Canada have been very strong in 2010, reaching 149,123 metric tons valued at $511.8 million.
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