USMEF Reports on Meat Exports
Beef and pork exports are increasing from last year.
Compiled by staff
Published: Sep 16, 2010
July values for U.S. beef and pork exports dipped slightly from the totals achieved in June, but both exceeded year-ago levels with beef posting close to a 40% jump over 2009 levels. Based on statistics released by USDA and compiled by the U.S. Meat Export Federation, beef export value surged to $366.3 million in July, pushing the cumulative January-July value to more than $2.19 billion, 25% higher than last year's pace. At the same time, pork export value in July was 4% higher than last year at $385.8 million, pushing the 2010 cumulative January-July total to $2.74 billion.
USMEF President and CEO Philip Seng says that in every corner of the world, U.S. beef has made tremendous strides this year.
"And as Mexico begins to show signs of an economic recovery, our product is well-positioned to capitalize because we are still the dominant provider in that market," Seng said. "If we can move Mexico back into the 'plus' column, the global results will be even more impressive."
As for U.S. pork, Seng says they are certainly pleased with the rebound in demand, but this is not the time for the U.S. industry to let its guard down in Japan. This is the highest-value pork market that delivers tremendous returns for U.S. producers, so it is no time to be complacent or rest on the laurels of past success.
U.S. lamb exports achieved mixed results through July with volume 3% higher than last year, but value was down 18%. Exports are down to the Caribbean and Canada, destinations that command higher-value cuts. Exports to Mexico are up substantially, more than 70% in volume and 90% in value, but these shipments trend toward more economical muscle cuts and variety meat.
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