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February Red Meat Exports Below Last Year, but 2021 Outlook Remains Strong
Wednesday Apr 14th, 2021 February exports of U.S. beef and pork remained below the rapid pace established in early 2020, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). However, exports were consistent with USMEF s February projections and the federation still expects 2021 beef exports to increase substantially year-over-year, while pork exports are projected to narrowly surpass the 2020 record.
Beef exports totaled 103,493 metric tons (mt) in February, down 8% from a year ago, valued at $669.5 million (down 2%). This was due mainly to a decline in variety meat exports, as beef muscle cuts were steady with last year in value at $597.9 million on a volume of 82,530 mt (down 3%). Through February, beef exports were 5% below last year s pace at 208,540 mt, valued at $1.32 billion (down 2%). Beef muscle cut exports were down 1% to 163,928 mt and steady in v
Beef-Pork Exports Down and 4-H Applauds Broadband Infrastructure
Wednesday Apr 14th, 2021 From the Ag Information Network, I’m Bob Larson with your Agribusiness Update. Farmers in water-short parts of California’s Central Valley say they’ll leave land idle and take other steps to try to keep their operations going this year.
With federal and state water projects expected to deliver little or no water, farmers are finalizing decisions on what crops to plant, and how much.
The lack of water from surface reservoirs means farmers may depend more on groundwater, while recognizing the limits on that resource. February exports of U.S. beef and pork remained below the rapid pace established in early 2020, according to USDA data compiled by the U.S. Meat Export Federation.
February exports of U.S. beef and pork remained below the rapid pace established in early 2020, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF).
America U.S. beef
However, exports were consistent with USMEF’s February projections and the federation still expects 2021 beef exports to increase substantially year-over-year, while pork exports are projected to narrowly surpass the 2020 record.
Beef exports totaled 103,493 metric tons (mt) in February, down 8% from a year ago, valued at $669.5 million (down 2%). This was due mainly to a decline in variety meat exports, as beef muscle cuts were steady with last year in value at $597.9 million on a volume of 82,530 mt (down 3%).
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