November Beef Exports Set New Value Record

The value of U.S. beef exports set another record in November, topping $1 billion for the second time in 2021. According to data compiled by the U.S. Meat Export Federation, November pork exports were lower than the previous year, but year-to-date export value maintained a record value pace. Meanwhile, November beef exports totaled over 123,600 […]

Halstrom: Ocean Shipping Reform Act Great News For Beef Exporters

The U.S. Meat Export Federation is applauding the House of Representatives after passing the Ocean Shipping Reform Act, which looks to make it easier for American Ag products to find a ride to overseas destinations. While red meat exports are on a record pace this year, USMEF President and CEO Dan Halstrom said shipping delays […]

USMEF: Exports To China Continue To Climb; Not At The Expense Of Other Markets

Demand for U.S. beef in China continues to move at a brisk pace. U.S. Meat Export Federation economist Erin Borror says U.S. beef exports to China are “soaring”, but not at the expense of other major markets like Korea or Japan. “This is where it gets exciting because China’s demand for grain fed beef is […]

Red Meat Exports Remain on Record Pace Through Third Quarter

Both U.S. beef and pork exports are on a record pace through September, according to the U.S. Meat Export Federation. Beef exports posted one of the best months on record in September, at 123,600 metric tons, up 20% from a year ago and the fourth largest volume of the post-BSE era. Export value jumped 59% […]

July Beef Exports Set Record While Pork Value Remains Strong

U.S. beef exports set another value record in July. Data recently released by USDA and compiled by the U.S. Meat Export Federation shows export value climbed 45% year-over-year to just over $939 million, while volume was the third largest of the post-BSE era at 122,743 metric tons, up 14% year-over-year. July beef exports to the […]

Argentina Extending Beef Export Limits

Earlier this week, Argentina extended beef export restrictions through the end of October. Reuters reports the Argentine government seeks to bolster domestic supply to help contain rising local food prices. Restricting exports by the Argentine government is often politically fueled, and this time comes a few months ahead of mid-term elections. A similar move occurred […]

Beef Exports Very Strong During The First Half Of 2021

U.S. Beef exports were very strong during the first half of 2021. According to the U.S Meat Export Federation, exports through June reached 700,087 metric tons, up 18% from the same time period a year ago, with a value of $4.64 billion, up 28% from last year. USMEF Economist Erin Borror said the beef export […]

Cattle Expert Says Demand For Hide Continues To Increase

In addition to the value of a beef carcass and the beef cuts that typically are generated, there is a value of other parts of the carcass that are termed “drop credit.” This includes the value of the hide, head, organs, and blood. While Drop Credits have been depressed in recent years, Katelyn McCullock of […]

R-CALF Addresses Globalization And The Cattle Market

R-CALF recently submitted comments to the USDA that identified two factors as, what the organization called the core structural problems causing the current crisis in the U.S. cattle industry. R-CALF CEO Bill Bullard said the first factor, concentration in the beef packing sector, created the second problem. He noted that just four meat packers control […]

Bass: More Conversations Need To Take Place Between Producers, Packers

As lawmakers and the Ag industry look to determine how to ensure beef producers and the packing houses both receive fair pay, and have a good working relationship, one University of Idaho assistant professor said it all starts with communication. Phil Bass, with the U of I’s Meat Science Department, said not only do producers […]