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Showing posts from November, 2013

Beef Exports Up in August

A strong performance by the top three international markets kept U.S. beef exports on an upward path in August, according to statistics released by the USDA and compiled by the U.S. Meat Export Federation (USMEF). Beef sales to Japan, Mexico and Canada all posted solid gains in August along with a resurgent Taiwan market as overall U.S. beef exports grew 5 percent in volume and 16 percent in value compared to year-ago levels, reaching 105,544 metric tons valued at $563.3 million. For the first eight months of 2012, beef exports are up 1 percent in volume and 10 percent in value to 767,017 metric tons valued at $4.01 billion. The continued absence of the Russian market – closed to U.S. beef and pork products since February – continues to hinder exports. Excluding Russia, U.S. beef exports are up 8 percent in volume and 16 percent in value. “Challenges appear in many forms, including market closures and disruptions, international competition and product oversupply,” said Philip Sen