Agricultural News
USMEF Reports on Meat Exports
Fri, 10 Sep 2010 17:18:18 CDT
July values for U.S. beef and pork exports dipped slightly from the totals achieved in June, but both exceeded year-ago levels with beef posting close to a 40 percent jump over 2009 levels. Based on statistics released by USDA and compiled by the U.S. Meat Export Federation, beef export value surged to 366.3-million dollars in July, pushing the cumulative January-July value to more than 2.19 billion - 25 percent higher than last year's pace. At the same time, pork export value in July was 4 percent higher than last year at 385.8-million dollars, pushing the 2010 cumulative January-July total to 2.74 billion.
USMEF President and CEO Philip Seng says - in every corner of the world, U.S. beef has made tremendous strides this year. And as Mexico begins to show signs of an economic recovery, our product is well-positioned to capitalize because we are still the dominant provider in that market. Seng adds, - if we can move Mexico back into the 'plus' column, the global results will be even more impressive.
As for U.S. pork, Seng says - we are certainly pleased with the rebound in demand, but this is not the time for the U.S. industry to let its guard down in Japan. We cannot afford to be complacent in Japan or rest on our past successes because this is the highest-value pork market that delivers tremendous returns for U.S. producers.
The USMEF also says - U.S. lamb exports achieved mixed results through July with volume 3 percent higher than last year, but value was down 18 percent. Exports are down to the Caribbean and Canada, destinations that command higher-value cuts. Exports to Mexico are up substantially - more than 70 percent in volume and 90 percent in value - but these shipments trend toward more economical muscle cuts and variety meat.
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