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Agricultural News


USMEF Reports on Pork and Beef Exports

Fri, 13 Aug 2010 17:13:19 CDT

The U.S. Meat Export Federation reports that U.S. pork and beef exports finished the first half of 2010 with strong momentum. June was the shining star. Based on statistics released by USDA, USMEF says June pork exports of 164-thousand metric tons were 24 percent higher than June 2009. Pork export value was 316.4-million dollars, up 34 percent. Meanwhile, June beef exports were 25 percent above year-ago volumes, totaling 96,578 metric tons, while the value for the month was up 37 percent to 377.6-million.

For the first six months of the year, pork exports were 3 percent above their year-ago pace in terms of volume while export value was nearly 10 percent higher at 2.35-billion dollars. Export value per head during the six-month period was more than 44-dollars - up significantly from 39.20 in 2009. The industry exported 24 percent of its total production, compared to 23 percent last year.

Beef export volume reached 495,443 metric tons - up 14 percent over the first half of 2009. Export value was up 22 percent to 1.83-billion. Export value per steer and heifer slaughtered was 139-dollars, compared to less than 115 last year. The percentage of total production exported increased from 10 percent to 11 percent.

The United States continues to be the leading foreign supplier of pork to Japan, holding market share of about 45 percent for all imported pork and 72.5 percent of the high-value chilled market U.S. pork. USMEF President and CEO Philip Seng says the U.S. world market share has declined by about 2 percent since last year and the U.S. position of market leader absolutely cannot be taken for granted.

Beef exports to Mexico continue to trail previous years, trailing January-June 2009 totals by 24 percent in terms of both volume and value. But, exports to Mexico have shown recent signs of improvement. Canada, the No. 2 market, is also flat in terms of volume and 4 percent higher in value. Elsewhere, U.S. beef exports are on a very powerful roll. In South Korea, export volume is nearly double the pace of 2009 at 50,221 metric tons and up nearly 130 percent in value to 225-million dollars.

 

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