March beef and pork exports set records for value, while beef muscle cuts also set an export record.
Beef exports totaled 124,808 metric tons in March, up 8% from a year ago and the second largest in the post-BSE era (since late December 2003), according to an analysis from the U.S. Meat Export Federation.
Beef export values broke the $800 million mark for the first time at $801.9 million, up 14% year-over-year. Beef muscle cut exports set new monthly records for both volume (98,986 mt, up 13% from a year ago) and value ($718.3 million, up 17%). Over the first quarter, beef exports pulled even with last yearâs pace at 333,348 mt, valued at $2.12 billion. For beef muscle cuts, first quarter exports increased 4% to 262,914 mt, valued at $1.9 billion (up 5%).
Pierre, SD, USA / DRGNews
May 10, 2021 | 8:27 AM
US red meat exports raced to a record performance in March with pork and beef exports each posting the highest monthly value ever, reaching a combined total of nearly $1.6 billion.
Pork exports also set a new volume record at nearly 295,000 metric tons, despite shipments to leading market China/Hong Kong being lower year-over-year.
US Meat Export Federation President and CEO Dan Halstrom says this underscores the importance of export market diversification, noting that the March pork results included strong growth in Japan and Mexico and record-large shipments to the Philippines and several Central American countries – Honduras, Guatemala, Costa Rica, El Salvador and Nicaragua.
Pierre, SD, USA / DRGNews
May 7, 2021 6:19 AM
US red meat exports ended the first quarter on a very high note, according to data released by USDA and compiled by the US Meat Export Federation, with March beef and pork exports each posting the highest monthly value on record. Pork exports and shipments of beef muscle cuts also set new volume records in March.
Beef exports totaled 124,808 metric tons (mt) in March, up 8% from a year ago and the second largest of the post-BSE era. Export value broke the $800 million mark for the first time at $801.9 million, up 14% year-over-year. Beef muscle cut exports set new monthly records for both volume (98,986 mt, up 13% from a year ago) and value ($718.3 million, up 17%). For the first quarter, beef exports pulled even with last year’s pace at 333,348 mt, valued at $2.12 billion. For beef muscle cuts, first quarter exports increased 4% to 262,914 mt, valued at $1.9 billion (up 5%).
(NAFB) – U.S. red meat exports ended the first quarter on a high note.
The U.S. Meat Export Federation reports March beef and pork exports each posted the highest monthly value on record. Pork exports and shipments of beef muscle cuts also set new volume records in March.
Beef exports totaled 124,800 metric tons in March, up eight percent from a year ago. Export value broke the $800 million mark for the first time at $801.9 million, up 14 percent year-over-year. March highlights for U.S. beef included record exports to China, Honduras and the Philippines and strong results in South Korea, Chile and Colombia.
Record-Breaking Performance for U.S. Beef and Pork Exports in March
Friday May 7th, 2021 U.S. red meat exports ended the first quarter on a very high note, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF), with March beef and pork exports each posting the highest monthly value on record. Pork exports and shipments of beef muscle cuts also set new volume records in March.
Beef exports totaled 124,808 metric tons (mt) in March, up 8% from a year ago and the second largest of the post-BSE era. Export value broke the $800 million mark for the first time at $801.9 million, up 14% year-over-year. Beef muscle cut exports set new monthly records for both volume (98,986 mt, up 13% from a year ago) and value ($718.3 million, up 17%). For the first quarter, beef exports pulled even with last year s pace at 333,348 mt, valued at $2.12 billion. For beef muscle cuts, first quarter exports increased 4% to 262,914 mt, valued at $1.9 billion (up