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Beef Buzz News


Beef Exports Are Valuable For U.S. Producers Says CattleFax's Randy Blach

Wed, 02 Sep 2020 09:23:37 CDT

Beef Exports Are Valuable For U.S. Producers Says CattleFax's Randy Blach U.S. beef exports are increasing and that translates into big dollars for producers says Randy Blach, CEO of CattleFax, a global leader in beef industry research, analysis and information.

Blach was a featured speaker at the recent Feeding Quality Forum sponsored by the Certified Angus Beef program.

Today we are at a situation that about 86 percent of our total beef product is consumed in the United States, Blach said.

But as we look to the future a whole chunk of the world population is outside of the U.S.

Global population is increasing at the rate of about 83 million people a year.

Exports are adding about $350 per head and we expect that number to increase in the coming years, he said.

China holds big potential and the U.S. is a major global supplier.

If we go back to 1990, we were exporting a small percentage of our meat production, Blach said.

Today we are exporting about 18 percent of total meat production worth about $19 billion, Blach said.

All those numbers could increase but the U.S. must work on a couple of issues first, Blach said.

Are we prepared to have a traceable product and have source verified and focus on quality, he said.

If the U.S. expands traceability and sustainability, we could increase export value to $500 per head by the end of this decade, Blach said.

Click on the LISTEN BAR below to hear more comments from Randy Blach .

The Beef buzz is a regular feature heard on radio stations around the region on the Radio Oklahoma Network and is a regular audio feature found on this website as well. Click on the LISTEN BAR below for today’s show and check out our archives for older Beef Buzz shows covering the gamut of the beef cattle industry today.


   
   

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