Oklahoma Farm Report masthead graphic with wheat on the left and cattle on the right.
Howdy Neighbors!
Ron Hays, Director of Farm and Ranch Programming, Radio Oklahoma Ag Network  |  2401 Exchange Ave, Suite F, Oklahoma City, Ok 73108  |  (405) 601-9211

advertisements
   
   
   
   
   
   

Agricultural News


On Today's Ag Perspectives Podcast- Ron Hays talks with Erin Borror of the USMEF about the latest Beef Export Numbers

Sat, 07 May 2022 16:50:47 CDT

In this Ag Perspectives Podcast- Senior Farm and Ranch Broadcaster, Ron Hays does a deep dive with Erin Borror, the Vice President for Economic Analysis at the U.S. Meat Export Federation about the latest March Beef Export numbers just out from the USDA, compiled by the USMEF.

"Beef remained really impressive, so it was a new value record," Borror said. "Over a billion dollars shipped out again in March and that was on a value basis, up by a third, year-on-year."

For some context, Borror said we have seen those beef prices, including for the export items, accelerate from about April, to May a year ago. So, Borror added, we are going to get into more challenging year-on-year comparisons, especially from the middle of this year.

"Every month continues to be impressive, and it's exporting a larger share of production and pretty widespread growth," Borror said. "So, your big Asian markets continue to lead, and you had Korea up 9% in the first quarter on volume."

Korea is now our number one destination for U.S. Beef in this latest month.

"If we just look at muscle cuts, Korea had been number one for a bit last year, and Japan still takes so many tongues and skirts and hangers, which sometimes get categorized as variety meats," Borror said. "Japan still had been holding number one when you add everything together. But yes, for quarter one, Korea came ahead for everything, beef variety meats are to be our number one destination, that market is just incredible."

Borror said she calls this her "model market", because we have watched it go from candlelight vigils in the street protesting U.S. beef to world-class beef, and that is where we are today.


Click on the Listen Bar below to hear the full conversation with Ron and Erin on the latest Beef Export numbers.



   

 

Ron Hays talks Beef Exports with Erin Borror of the USMEF
right-click to download mp3

 

WebReadyTM Powered by WireReady®NSI

 


Top Agricultural News

  • Governor Kevin Stitt Signs Into Law Twenty Million Dollars of Aid to Help to Push Back on Drought on Farms and Ranches  Tue, 04 Oct 2022 21:51:19 CDT
  • OKFB Welcomes Appropriation of Additional Drought-Relief Funds   Tue, 04 Oct 2022 16:48:48 CDT
  • Oklahoma Grain Elevator Cash Bids as of 2 p.m. October 4, 2022  Tue, 04 Oct 2022 15:26:48 CDT
  • October 4, 2022, Market Wrap-Up with Justin Lewis  Tue, 04 Oct 2022 14:40:22 CDT
  • Dell Kerbs Cheers Drought Help Soon to Head to the Country  Tue, 04 Oct 2022 14:35:11 CDT
  • WTAS: Farm Country Supports Lucas' Protect Farmers from the SEC Act  Tue, 04 Oct 2022 14:01:52 CDT
  • Dairy MAX Connects with National Ag in the Classroom   Tue, 04 Oct 2022 12:44:06 CDT

  • More Headlines...

       

    Ron salutes our daily email sponsors!

    Oklahoma Beef council Oklahoma Ag Credit Oklahoma Farm Bureau National Livestock Credit Ag Mediation Program P&K Equipment Oklahoma City Farm Show Union Mutual Stillwater Milling Oklahoma Cattlemen's Association KIS FUTURES, INC.
       

       

    Search OklahomaFarmReport.com

    © 2008-2022 Oklahoma Farm Report
    Email Ron   |   Newsletter Signup   |    Current Spots   |    Program Links

    WebReady powered by WireReady® Inc.