Agricultural News
U.S. Exports Finding Customer Growth
Tue, 14 Dec 2010 17:59:10 CSTU.S. beef has achieved a significant increase in virtually every major destination except for Mexico this year. While exports to Mexico are down for the year, October totals were up 5 percent in volume and 10 percent in value over October 2009. For the same period of time, exports to Canada are up only slightly in volume this year but have surged by 10 percent in value to 589-million dollars. Japan is up 31 percent in both volume and value. And Korea remains in fourth place with an increase of 125 percent in volume and 168 percent in value.
Despite ongoing market access issues and some trade barriers that have recently surfaced, the U.S. pork industry is mounting a challenge to the 2008 export record. Mexico, the largest volume market for U.S. pork, has already broken the single-year value record with 437,615 metric tons valued at 795.3-million dollars.
U.S. pork is also posting another positive year in Japan, reaching 358,578 metric tons valued at more than 1.35-billion dollars. This is up only slightly in volume over last year, but 4 percent higher in value. And exports to Canada have been very strong in 2010, reaching 149,123 metric tons valued at 511.8-million. dollars.
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