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| 489 | US beef exports could surpass $7 billion this year | Beef exports from the United States reported an above level from last year's pace in October and having a chance to surpass 7 billion dollars this year, according to the statistics released by the US Department of Agriculture (USDA) and compiled by the US Meat Export Federation (USMEF). | <p> </p> <p>Beef exports grew by 5% to 111,287 mt in October compared to the corresponding period from 2016, reaching a value of 662 million dollars, up by 18%. The results reported in October were the second strongest in 2017. In the first 10 months of this year, exports were 1.038 million mt, up 9% year-over-year, valued at 5.93 billion dollars – up 16% compared to the previous year and slightly ahead of the record value pace established in 2014.</p> <p>Beef exports accounted for 13% of total production in October, the highest since July but down from 13.9% last year. The percentage of muscle cuts exported was steady with last year at 10.7%. For January through October, beef exports accounted for 12.8% of total production (down from 13.3% last year) and 10.2% for muscle cuts (steady with last year).</p> <p>October beef export value averaged 301.88 dollars per head of fed slaughter, up 12% from a year ago and the highest since December 2016. January-October export value averaged 279.85 dollars per head, up 10%.</p> <p>Japan continued to be the pacesetter for U.S. beef exports in October, with volume climbing 19% from a year ago to 23,981 mt and value up 23% to 147.1 million dollars. This pushed January-October volume to 260,517 mt (up 22%) valued at 1.59 billion dollars – up 29% and already setting a new single-year record. Chilled beef continues to drive export growth to Japan, with chilled exports up 40% in volume (124,699 mt) and 43% in value (918.8 million dollars).</p> <p>“The U.S. beef industry has really broadened its reach in Japan, expanding the range of cuts offered and the retail and foodservice venues in which they are featured,” Halstrom said. “But USMEF remains concerned about market access barriers in Japan, as we face significantly higher tariffs than our main competitor, Australia, and import safeguards that could hinder further growth.”</p> <p>Exports to South Korea continued to climb in October, up 2% in volume (17,224 mt) and 24% in value (122.4 million dollars) from a year ago. Through October, exports totaled 148,998 mt (up 7%) valued at 979.3 million dollars – 20% above last year’s record pace. Demand for U.S. chilled beef is especially strong in Korea’s retail sector, with chilled beef exports up 88% to 36,773 mt valued at 329 million dollars, up 93%.</p> | 1 | Industry | 2017-12-09 06:40:46 | 2025-07-13 15:12:53 | Details Edit Delete | ||
| 283 | US beef exports declined after Japan imposed new trade tariffs | Beef exports from the United States to Japan decreased by 26% after the Japanese authorities introduced an emergency tariff on beef shipments from countries with which it does not have a trade agreement, KTIC reports. | <p> </p> <p>Japan introduced new tariffs in order to protect its local producers. Taxes on the US exports rose from 38.5% to 50%.</p> <p>According to Meatingplace, in August this year, Japan's imports of frozen beef from the United States represented 4,317 metric tons, down by 26% year-over-year.</p> <p>Still, the US Meat Export Federation (USMEF) explains that some of the decline reported in August could be linked to additional products that were ordered ahead of the duty rate increase.</p> <p>Furthermore, according to USMEF, August beef exports to leading market Japan totaled 31,001 mt, up 22 percent from a year ago and the largest of the post-BSE era. Export value to Japan increased 35 percent and broke the $200 million mark ($200.05 million) for the first time since May 1996.</p> <p>For January through August, exports to Japan were up 23 percent in volume (209,502 mt) and 30 percent in value ($1.28 billion). Japan’s frozen beef safeguard was triggered in late July, increasing the duty on frozen beef imports from suppliers without a trade agreement with Japan, including the U.S., from 38.5 percent to 50 percent. The true impact of the higher duty rate will be revealed over the next few months, but August demand was not significantly affected. Frozen exports were 9,991 mt, up 15 percent from a year ago and just 2 percent below July. Chilled shipments accelerated at a faster rate (16,732 mt, up 62 percent year-over-year and up 27 percent from July), but this was already the trend prior to the duty rate increase on frozen beef.</p> | 1 | Market | 2017-10-10 07:00:20 | 2025-07-14 05:16:45 | Details Edit Delete | ||
| 7203 | USMEF: Beef export value higher than a year ago, led by strong variety meat results | Beef exports in January were slightly below last year’s volume, export value trended significantly higher, according to data released by USDA and compiled by USMEF. | <p style="font-weight: 400;">January beef exports totaled 99,764 mt, down 1% from a year ago. But export value climbed 9% to $763.8 million, as value trended higher year-over-year to South Korea, Japan, Mexico, Canada, Central America, the Caribbean and Hong Kong.</p> <p style="font-weight: 400;">"While USMEF expects 2024 to be another challenging year in terms of beef supply availability, the upward trend in export value is a positive sign", said USMEF President and CEO Dan Halstrom. "The inventory has been cleared and customers in Asia are reloading on U.S. beef. There is also more optimism in Asia’s foodservice sector, especially in Korea. Combined with the recent strength we’ve seen in the Western Hemisphere, this bodes well for beef demand in the coming year. January was also an excellent month for beef variety meat exports, which are especially important for maximizing the value of every animal". </p> <p style="font-weight: 400;">While January beef exports to South Korea declined slightly from a year ago (18,789 mt, down 1%), export value increased 13% to $170.5 million. Rising consumer prices continue to weigh on Koreans’ spending power, including sharply higher prices for fruits and vegetables due to crop issues.</p> <p style="font-weight: 400;">The cost of dining out in Korea rose 3.8% in February, but this was actually the smallest year-over-year increase in more than two years. Although trading below a year ago, the Korean won has been relatively steady and is nowhere near the challenge of the weak Japanese yen.</p> <p style="font-weight: 400;">Beef exports to Mexico continued to strengthen in January, increasing 15% from a year ago to 20,111 mt – the second largest since 2020 following exports of 21,325 mt in December 2023. January export value jumped 19% to $112.9 million. This was the highest value since 2020. Beef supplies remain tight in Mexico as it exports more feeder cattle to the U.S., imports more beef from the U.S. and exports less beef to the U.S.</p> <p style="font-weight: 400;">U.S. beef exports to the Middle East struggled mightily in 2023 primarily due to a slowdown in beef liver shipments to Egypt, but have showed signs of a rebound the past two months. January exports jumped 68% compared to the low year-ago totals, reaching 4,869 mt, while value increased 73% to $19 million. Exports to Egypt, the largest destination for U.S. beef livers, increased 58% to 3,627 mt valued at $5.5 million (up 33%). Exports also increased significantly to the United Arab Emirates (468 mt, up 105%), Kuwait (296 mt, up 658%) and Qatar (265 mt, up 597%), nearly all of which were beef muscle cuts. January exports to both Kuwait and Qatar were the highest since 2022. </p> <p style="font-weight: 400;">Other January results for U.S. beef exports include:</p> <ul style="font-weight: 400;"> <li>January beef shipments to Japan declined 6% from a year ago to 21,149 mt, but export value increased 6% to $153.8 million. Beef variety meats (primarily tongues and skirts) were definitely a bright spot, with exports increasing 33% to 3,721 mt, while value climbed 40% to $39 million. Demand from yakiniku restaurants remains strong and it is not possible for them to replace U.S. beef tongue and skirt. Lower tariffs on beef variety meats (under the U.S.-Japan Trade Agreement) also contributed to relatively stronger demand for these items.</li> <li>Hong Kong’s demand for U.S. beef strengthened last year and exports performed well in January, climbing 62% from a year ago to 2,715 mt, while value soared 93% to $32.3 million. Exports to China did not fare as well, declining 12% in volume (11,755 mt) and 6% in value ($102.1 million). The combined result for the region was a 3% decline in volume to 14,490 mt, while value increased 7% to $134.4 million.</li> <li>Following a record performance in 2023, January beef exports to Central America increased 9% from a year ago to 1,950 mt, while value was up 2% to $12.7 million. Exports to top market Guatemala were the sixth highest on record at 900 mt, up 30% year-over-year, valued at $6.5 million (up 20%). Exports to Panama more than doubled year-over-year, climbing 126% to 337 mt, valued at $2.4 million (up 91%). Exports to El Salvador were also significantly higher at 211 mt, up 80% year-over-year.</li> <li>January exports to Peru, a key destination for U.S. beef variety meat, nearly doubled from a year ago in volume (601 mt, up 99%) and more than doubled in value ($2.7 million, up 107%). Variety meats accounted for 77% of the volume and 41% of the value.</li> <li>Despite lower shipments to the Dominican Republic and Jamaica, January beef exports to the Caribbean were up 15% from a year ago to 2,684 mt, valued at $20.8 million (up 6%). Growth was led by smaller destinations, including the Leeward-Windward Islands, the Netherlands Antilles, Cuba and Haiti.</li> <li>January exports of U.S. beef variety meat increased 12% from a year ago to 23,138 mt, while value climbed 16% to $89 million. In addition to growth in Japan, Egypt and Peru (see above), variety meat shipments increased significantly to Mexico, China/Hong Kong, Korea and El Salvador.</li> <li>Beef export value equated to $360.18 per head of fed slaughter in January, up 9% from a year ago. Exports accounted for 12.8% of total January beef production, down slightly from a year ago, and 10.5% for muscle cuts (down from 10.8%).</li> </ul> | 1 | Retail | adrian.lazar@industriacarnii.ro | 2024-03-12 00:25:06 | 2025-07-13 08:22:39 | Details Edit Delete | |
| 7376 | Australian exports stay firm as global landscape shifts | Beef exports lifted 46% from April 2023 to 113,431 tonnes. This is the largest beef export volume for April since 2015, and the second highest on record. | <p><span lang="DE">Exports lifted in most major exports markets, with the United States remaining the largest beef market with exports rising 127% from last year to 27,257 tonnes.</span></p> <p><span lang="DE">Large increases were also seen in several smaller markets across South-East Asia and the Middle East and North Africa (MENA) region. Exports to Thailand more than doubled to 2,141 tonnes, while exports to Saudi Arabia lifted 235% to 1,602 tonnes.</span></p> <p><span lang="DE">The only major market where exports dipped was for China, where volumes eased 11% compared to last year to 14,888 tonnes. Between considerable increases in exports to smaller markets and a slight fall in exports to China, Australia’s beef exports are now the most diversified they’ve been since 2016; exports outside of Australia’s top four markets have made up 25% of the total in 2024 so far, compared to 17% for the first four months of 2023 and 15% in 2022.</span></p> <p><span lang="DE">Lamb exports rose 41% from April last year to 31,318 tonnes, while mutton exports rose 20% to 18,913 tonnes. This is the largest April export figure for lamb, mutton, and overall sheepmeat exports on record, following very strong export totals in February and March.</span></p> <p><span lang="DE">The United States remained the largest market for Australian lamb exports, while mutton exports to MENA lifted 144% from last year to 5,853 tonnes, displacing China as our biggest mutton market for the month.</span></p> <p><span lang="DE">Growth in mutton export volumes was observed across the entire MENA region, but especially in the Gulf States; exports to Saudi Arabia rose 153% to 1,956 tonnes, exports to the United Arab Emirates lifted 28% to 804 tonnes and exports to Qatar lifted a massive 501% to 765 tonnes.</span></p> | 1 | Market | adrian.lazar@industriacarnii.ro | 2024-05-24 00:10:27 | 2025-07-13 20:07:12 | Details Edit Delete | |
| 4822 | US meat exports reach new heights | Beef exports reached a new volume high in May, while pork export volume was the third-largest on record. | <p>Data released by USDA and compiled by the US Meat Export Federation (USMEF) show that meat exports for the first five months of the year have surpassed the expectations, especially in May when pork and beef exports have reached new heights.<br />"The outstanding May performance is especially gratifying when you consider where red meat exports stood a year ago. The industry faced unprecedented, COVID-related obstacles at all levels of the supply chain, and a very uncertain international business climate. These challenges are still not behind us, but international demand has been very resilient," noted USMEF President and CEO Dan Halstrom. <br />While May beef exports were expected to far exceed last year’s low totals, export volume soared to a record 133,440 tonnes, up 68% from a year ago, and value increased 88% to $904.3 million. This was the third consecutive monthly value record for beef exports, which had never exceeded $800 million before March 2021. From January through May, exports reached 587,838 tonnes, up 15% from a year ago, while value increased 22% to $3.84 billion.</p> <p>May pork exports totaled 283,617 tonnes, up 16% from a year ago and the third-largest on record (trailing only March 2021 and March 2020). Export value exceeded $800 million for the first time in May, climbing 31% to $813.2 million. For January through May, pork exports were slightly below last year’s record pace at 1.34 million tonnes (down 1%), but export value increased 3% to $3.63 billion.</p> <p><strong>Key markets</strong></p> <p>Demand for US beef has increased in countries such as South Korea (29,403 tonnes, up 61% from a year ago; worth $225.4 million, up 87%), Japan (30,721 tonnes, up 54% from a year ago; valued at $208.3 million, up 71%), and China (16,472 tonnes; worth $130.2 million). In fact, January-May beef exports to China reached 64,763 tonnes valued at $474.7 million – each up about 1,200% year-over-year, establishing new annual records and placing the United States as the largest supplier of grain-fed beef to China.<br />May pork exports have performed excellent in Mexico (71,370 tonnes, up 89% from a year ago; valued at $151.6 million, up 158%), the Philippines (10,443 tonnes, up 353% from a year ago; with value up 370% to $28.7 million), Japan (936,504 tonnes, up 34% from a year ago; valued at $154.7 million, up 39%). Still, China/Hong Kong remains the largest destination for US pork in 2021. This is partly due to sustained demand for variety meat, for which exports through May were up 3% to 136,577 tonnes, with value up 9% to $332 million. But a slowdown in muscle cuts meant total exports were down 22% to 408,896 tonnes, valued at $952.7 million (down 24%). The continued decline in China’s pork and live hog prices suggests this trend is likely to accelerate in the coming months, underscoring the importance of further export growth to other destinations.</p> <p><strong>Not an easy way ahead</strong></p> <p>"USMEF remains optimistic that international demand will remain strong in the second half of 2021, but the road ahead is not an easy one. The US industry must continue to be innovative and aggressive in defending existing market share, while also expanding our customer base by responding to COVID-driven changes in the marketplace and shifts in consumer trends and preferences,” added Dan Halstrom.<br />He also cautioned that US labor availability remains a major concern and limitation for the industry, and exporters continue to face significant obstacles when shipping products overseas. Due to the ongoing, fluid impact of COVID-19, foodservice restrictions also continue to affect several key markets where dine-in service is either suspended or subject to capacity limits and shorter hours, and tourism has not yet returned in many countries.</p> | 1 | Market | 2021-07-20 07:01:50 | 2025-07-14 14:18:14 | Details Edit Delete | ||
| 8192 | Australia: Exports continue record momentum | Beef exports rose to 81,050 tonnes, the largest January volume on record, lamb exports fell 4%, while mutton exports lifted 17%, according to Meat & Livestock Australia (MLA). | <p style="font-weight: 400;"><strong>Lamb</strong></p> <p style="font-weight: 400;">Lamb exports fell 4% from January last year to 24,177 tonnes. Despite the decline, January 2025 export numbers still reached the second largest on record for January. This is broadly in line with the high slaughter volumes seen towards the end of 2024.</p> <p style="font-weight: 400;">The United States (US) was the largest market for Australian lamb, with volumes rising 6% from last year to 6,020 tonnes. China was the second largest market, with exports falling 4% from last year to 3,414 tonnes, and exports to the United Arab Emirates (UAE) rose 14% from last year to 2,516 tonnes.</p> <p style="font-weight: 400;">Frozen lamb exports eased by 6% from year ago levels to 13,147 tonnes, with chilled lamb exports also falling by 1% to 11,030 tonnes. Resilient chilled figures can be partially explained by strong volumes exported to the Middle East and North Africa (MENA) markets, which is primary a market for chilled lamb, and chilled carcases in particular.</p> <p style="font-weight: 400;"><strong>Mutton</strong></p> <p style="font-weight: 400;">Australia exported 19,776 tonnes of mutton, the largest January export volume on record.</p> <p style="font-weight: 400;">Following on from the strong finish to 2024, exports to China rose 16% from last year to 7,326 tonnes, making it the largest market for mutton. Following China, exports to Malaysia lifted 63% to 2,792 tonnes and exports to Saudi Arabia lifted 20% to 1,416 tonnes.</p> <p style="font-weight: 400;"><strong>Goatmeat</strong></p> <p style="font-weight: 400;">Exports of Australian goatmeat lifted 67% from last year to 4,044 tonnes. This is the largest January goatmeat export figure on record, and remarkably, 41% higher than the previous January record (set in 2017).</p> <p style="font-weight: 400;">This lift in exports was widely distributed; the US was the largest market with exports rising 13% to 1,517 tonnes, while exports to China lifted 183% to 764 tonnes and exports to South Korea lifted 79% to 620 tonnes. </p> <p style="font-weight: 400;"><strong>Beef</strong></p> <p style="font-weight: 400;">Australia exported 81,050 tonnes of beef in January, 7% more than January 2024 and the highest January beef volume on record. Grainfed exports fell 4% from last year to 22,786 tonnes, while grassfed exports lifted 13% to 58,283 tonnes.</p> <p style="font-weight: 400;">The US remained the largest market for Australian beef, with exports lifting 22% from last year to 24, 685 tonnes. Exports to Japan fell 3% from last year to 15,806 tonnes and exports to China rose 6% to 14,908 tonnes.</p> <p style="font-weight: 400;"><strong>Beef in Korea</strong></p> <p style="font-weight: 400;">After an unusually large increase in exports in December, January volumes to Korea dipped 9% to 10,596 tonnes. This dip comes after a record 2024, with Australia shipping 200,545 tonnes of beef to Korea, worth 2 billion Australian dollars, on the back of decreased US beef supply and increased availability of Australian products.</p> <p style="font-weight: 400;">The Korean market presented a challenging environment in 2024, with a soft currency and retailers and foodservice operators switching between domestic and imported beef based on favourable supply, trading, and pricing conditions. Consumers remained cautious in spending and opted to dine out less and eat in more. This gave rise to convenient options in retail such as pre-marinated beef (e.g. bulgogi), using Australian chuck roll, short rib and clod cuts, and other home-ready meals. These cuts were historically US beef, but decreased US supply has opened opportunities for Australian beef across food service and retail channels.</p> <p style="font-weight: 400;">Subsequently, Australia’s share of Korea’s imported beef market grew to 45% over 2024 (up from ), narrowing the US-Australia market share gap to 3pp from 12pp. Korea remained a top market for US beef exports in 2024, making up 23% of total US exports.</p> <p style="font-weight: 400;">In 2025, Korean consumer sentiment may still be fragile, on the back of nations’ political uncertainty, and a large-scale aircraft accident at Jeju airport further exacerbated the anxieties of many. At the same time, further declines in US production will present opportunities for Australian beef exporters.</p> | 1 | Market | adrian.lazar@industriacarnii.ro | 2025-02-09 00:14:39 | 2025-07-14 19:12:48 | Details Edit Delete | |
| 6737 | USMEF: Slow beef exports in July | Beef exports took a step back in July, posting the lowest volume since January, but export value per head of fed slaughter again exceeded $400. | <p>July beef exports totaled 103,167 mt, down 18% from a year ago and the lowest in six months. Export value was $810.4 million, down 19% and the lowest since February. For January through July, beef exports trailed last year’s record pace by 11% in volume (772,343 mt) and 19% in value ($5.81 billion). </p> <p>"It’s definitely a challenging environment on the beef side, due in part to limited supplies but also persistent headwinds in our key Asian markets,” said USMEF President and CEO Dan Halstrom. “Though it’s taking longer than anticipated, we still expect a broader foodservice rebound in Asia. And some bright spots for U.S. beef include sustained demand in Taiwan, especially for alternative beef cuts, and the continued momentum in Mexico. It’s also encouraging to see per-head export value maintaining a high level. This is an important metric for gauging the returns delivered by the international markets, even when our production is trending lower".</p> <p><strong>July beef exports climb to Mexico and Taiwan but most markets trend lower</strong></p> <p>Beef exports to Mexico continued to gain momentum in July, climbing 31% from a year ago to 17,663 mt. Export value soared 55% in July, reaching $105.1 million. Through the first seven months of the year, exports to Mexico increased 17% to 117,834 mt, valued at $662.6 million (up 24%). Mexico is the leading volume destination for beef variety meat, and those exports have increased at a similar pace – up 18% in volume (61,762 mt) and 24% in value ($175.2 million).</p> <p>After a slow start in 2023, beef exports to Taiwan have exceeded year-ago levels in three consecutive months. July exports to Taiwan climbed 15% to 5,298 mt, while value increased 2% to $52.2 million. Through July, exports to Taiwan remained 7% below last year’s record pace at 39,090 mt, valued at $379.8 million (down 23%). </p> <p>Beef exports to Canada posted another strong month in July, with shipments climbing 12% from a year ago to 9,969 mt, valued at $87.2 million (up 17%). January-July exports to Canada increased 2% in both volume (61,933 mt) and value ($504.8 million). </p> <p>Other January-July export results for U.S. beef include: </p> <ul> <li>Beef exports to leading market South Korea slumped in July, down 24% from a year ago and the lowest volume since June 2020. Export value was $155.1 million, down 22% and the lowest since February. In addition to inflationary pressure affecting Korean consumers, transportation and economic activity was significantly impacted by heavy rain and flooding in some areas of Korea in mid-July (and again in early August). For January through July, exports to Korea totaled 151,095 mt, down 13% from last year’s record pace, valued at $1.24 billion (down 28%). On a positive note, beef variety meat exports to Korea have increased sharply this year in both volume (8,818 mt, up 65%) and value ($47.7 million, up 72%). </li> <li>July beef exports to Japan also declined significantly, down 37% from a year ago to 19,350, valued at $150.3 million, down 35%. For January through July, exports were down 20% to 148,394 mt, valued at $1.07 billion (down 28%). While Japan remains the leading value market for U.S. beef variety meat (primarily tongues and skirts), January-July exports fell 22% to 26,123 mt, valued at $253.6 million (down 25%). </li> <li>Beef exports to China were also down significantly from last year’s record pace, with January-July shipments falling 20% to 114,967 mt, valued at $964.2 million (down 25%). But with a post-COVID return in business travel and tourism, exports to neighboring Hong Kong have rebounded this year, increasing 23% to 22,906 mt, valued at $233.8 million (up 5%). </li> <li>Led by growth in Cote D’Ivoire, July beef exports to Africa increased 25% from a year ago to 1,435 mt, though export value trended lower ($1.6 million, down 16%). Through July, exports to Africa – which are almost entirely beef variety meat – increased 67% to 14,199 mt, with value up 29% to $16.1 million. Exports trended higher to South Africa and Cote D’Ivoire. </li> <li>Beef exports to the Dominican Republic increased slightly in July to 750 mt, valued at $8.4 million. January-July exports to the DR were 5% above last year’s record pace at 5,644 mt, valued at $61.4 million (up 9%). Similar to pork, the DR recently granted access to beef imported from some regions of Brazil. To date, following announced plant approvals, only small volumes of Brazilian beef offal have been reported. This change will heighten competition in the DR, but U.S. beef enjoys duty-free access while Brazilian beef will be subject to a 20% tariff. </li> <li>While beef exports to Central America have trended lower in 2023, Honduras has decidedly bucked this trend. July shipments to Honduras totaled 226 mt, up from just 95 mt last year, while export value nearly doubled to $1.2 million. January-July exports to Honduras increased 23% to 1,752 mt, while value climbed 40% to $9 million – a record pace for both volume and value. </li> <li>Beef exports to Peru jumped 83% from a year ago in July, reaching 1,082 mt, while value increased 78% to $3.7 million. Exports through July were up 38% to 4,495 mt, making Peru this year’s largest South American destination for U.S. beef, with about three-fourths of the volume being variety meat. Export value increased 15% to $19.3 million. </li> <li>July beef export value equated to $403.63 per head of fed slaughter, down 15% from a year ago. The January-July average was $395.65, down 17%. Exports accounted for 14.2% of total July beef production and 11.8% for muscle cuts only, down significantly from the very high ratios (16.4% and 14.1%, respectively) posted a year ago. For January through July, exports accounted for 14.4% of total production and 12.1% for muscle cuts, compared to 15.5% and 13.3%, respectively, last year. </li> </ul> | 1 | Market | adrian.lazar@industriacarnii.ro | 2023-09-13 00:10:41 | 2025-07-13 18:36:43 | Details Edit Delete | |
| 7831 | USMEF: Beef exports in August trend higher to Mexico, Taiwan, Middle East, but lower overall | Beef exports totaled 102,682 mt in August, down 6% from a year ago and the lowest since January. Export value fell 4% to $845.9 million. Through the first eight months of the year, beef exports were 3% below last year at 856,834 mt, but were 4% higher in value at just under $7 billion. | <p style="font-weight: 400;">"Beef demand in our major Asian markets seemed to lose a bit of momentum in August, but exports held up well to Mexico, Taiwan and the Middle East", said USMEF President and CEO Dan Halstrom. "The headwinds in Asia remain formidable, but we are encouraged by the region’s ongoing tourism rebound. The late-September removal of Colombia’s restrictions on U.S. beef is also a positive development. While this came too late to impact the August results, it will help bolster fourth-quarter demand in Latin America".</p> <p style="font-weight: 400;">Mexico’s demand for U.S. beef remained robust in August, with exports increasing 2% from a year ago in both volume (19,037 mt) and value ($113.2 million). For January through August, shipments to Mexico increased 13% to 153,591 mt, while value climbed 16% to $898.5 million. This included a strong increase in beef variety meat exports, which were up 15% to 81,816 mt, valued at $221.4 million (up 9%). Mexico is the largest volume destination for U.S. beef variety meat.</p> <p style="font-weight: 400;">Beef exports to Taiwan continued to trend higher in August, with shipments increasing 4% from a year ago in both volume (5,817 mt) and value ($67.6 million). After a slow start to the year, January-August exports to Taiwan pulled within 4% of last year’s volume pace at 42,669 mt, while export value climbed 6% above last year to $471.8 million.</p> <p style="font-weight: 400;">Led by larger beef variety meat shipments to Egypt, record beef muscle cut shipments to Qatar and strengthening demand for muscle cuts in the United Arab Emirates, Kuwait and Bahrain, beef exports to the Middle East have rebounded impressively in 2024. August exports increased 40% from a year ago to 4,053 mt, valued at $17.6 million (up 18%). This pushed the January-August results 30% above last year in volume (36,501 mt) and 27% higher in value ($164.2 million).</p> <p style="font-weight: 400;"><strong>Other January-August results for U.S. beef exports include:</strong></p> <p style="font-weight: 400;">Strong demand in the Philippines, Singapore and Vietnam pushed August exports to the ASEAN region to 3,374 mt, up 9% from a year ago, while export value climbed 60% to $28.4 million. For January through August, exports were slightly below last year’s volume at 26,463 mt, but achieved an impressive 39% increase in value to $221.7 million.</p> <p style="font-weight: 400;">August beef exports to the Caribbean edged slightly higher than a year ago at 2,463 mt, though export value fell 8% to $23 million. Some of this volume was newfound demand for canned beef products in Cuba, but growth was also driven by record-large shipments to the Dominican Republic, Netherlands Antilles, and Turks and Caicos and rebounding variety meat shipments to Trinidad and Tobago and Jamaica. For January through August, exports to the region were 23% above last year at 22,254 mt, while export value climbed 9% to $187 million.</p> <p style="font-weight: 400;">August beef export volume to Japan slipped modestly compared to last year, falling 2% to 20,585 mt. Export value declined more significantly, down 9% to $158.4 million. For January through August, export volume to Japan was steady with last year at 169,636 mt, while export value was 5% higher at $1.31 billion.</p> <p style="font-weight: 400;">Beef exports to South Korea also trended lower in August, down 13% from a year ago in volume (17,128 mt, the lowest since 2020) and 5% lower in value ($163.1 million). Through August, exports to Korea managed a slight increase in value ($1.43 billion, up 1%) despite a 12% decline in volume (151,065 mt).</p> <p style="font-weight: 400;">August exports to China/Hong Kong declined 10% from a year ago to 17,131 mt, while export value fell 8% to $155.3 million. January-August exports to the region were down 11% from a year ago in volume (139,382 mt) and were 6% lower in value ($1.29 billion). In recent weeks the Chinese government unveiled long-awaited measures aimed at stimulating the nation’s sluggish economy. Some aspects of this package could provide a boost to China’s foodservice sector, which is still struggling to recover from the COVID era.</p> <p style="font-weight: 400;">As noted above, Colombia recently repealed its ban on U.S. beef originating from 14 states in which H5N1 was detected in dairy cows. These restrictions, which began in April, decimated beef exports to Colombia, which fell to just 73 mt in August, valued at about $600,000. The Colombian market had been averaging more than $3 million in monthly shipments before restrictions were imposed, and USMEF is actively working to rebuild demand now that full access has been restored.</p> <p style="font-weight: 400;">Beef export value equated to $391.19 per head of fed slaughter in August, down 1% from a year ago. The January-August average was $414.88 per head, up 5%. Exports accounted for 13% of total August beef production and 10.7% for muscle cuts only – each down about one-half percentage point from a year ago. The January-August ratios were 13.9% of total production and 11.6% for muscle cuts, down from 14.3% and 12%, respectively, during the same period in 2023. </p> | 1 | Market | adrian.lazar@industriacarnii.ro | 2024-10-17 00:30:29 | 2025-07-14 22:15:50 | Details Edit Delete | |
| 6334 | USMEF: Beef exports below year-ago | Beef exports totaled 105,057 mt in February, down 3% from a year ago, while export value dropped 16% to $757.8 million, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). | <p style="font-weight: 400;">For the first two months of the year, exports were down 9% from last year’s large volume to just under 206,000 mt, while export value dipped 24% to $1.46 billion.</p> <p style="font-weight: 400;">"On the beef side, it was encouraging to see a modest rebound compared to January", said USMEF President and CEO Dan Halstrom. "With Asian markets continuing to ease indoor mask mandates and eliminate travel restrictions, we expect to see a continued boost in restaurant traffic and foodservice demand as the year progresses".</p> <p style="font-weight: 400;"><strong>Beef export volume steady to Japan and Korea, trends higher to Mexico</strong></p> <p style="font-weight: 400;">February beef exports to Japan edged modestly higher in volume, increasing 1% from a year ago to 23,876 mt, while value fell 19% to $161.7 million. For the first two months of the year, exports to Japan were steady with last year at 46,332 mt, but were down 20% in value to $306.6 million.</p> <p style="font-weight: 400;">Exports to South Korea followed a similar trend, edging slightly higher in February to 19,382 mt (up 2%), but value declined 22% to $153.3 million. Through February, exports to Korea were down sharply from last year’s large totals in both volume (38,278 mt, down 21%) and value ($304.8 million, down 41%).</p> <p style="font-weight: 400;">Beef exports to Mexico continued to build momentum in February, reaching 15,576 mt (up 10% from a year ago) valued at $91.5 million (up 8%). January-February exports totaled 33,055 mt, up 15% from a year ago, while value increased 13% to $186.3 million. This includes a 12% increase in beef variety meat exports to 16,715 mt, valued at $48.2 million (up 21%). The Mexican beef market is set to become more competitive this year, having recently opened to some beef imports from Brazil for the first time. Imports from Brazil will enter Mexico at zero duty through the end of 2023.</p> <p style="font-weight: 400;">Other January-February results for U.S. beef exports include:</p> <ul> <li style="font-weight: 400;">Fueled by strong growth in the Dominican Republic, Jamaica, the Bahamas, Netherlands Antilles and Bermuda, beef exports to the Caribbean increased 28% year-over-year through February to 4,712 mt, with value up 20% to $39.3 million. While tourism drives a large portion of Caribbean beef demand, U.S. beef also has a growing presence in the region’s retail sector.</li> <li style="font-weight: 400;">February exports to China-Hong Kong rebounded to some degree from the steep January decline, but were still down 4% from a year ago to 18,931 mt, while export value dipped 10% to $163.4 million. Through February, exports to the region were 14% below last year’s record pace in volume (33,911 mt) and 23% lower in value ($288.7 million).</li> <li style="font-weight: 400;">Following a record performance in 2022, beef exports to Taiwan are off to a slower start this year. Exports through February totaled 9,009 mt, down 26% from a year ago, while export value declined 42% to $85.7 million.</li> <li style="font-weight: 400;">South Africa has reemerged as a major destination for beef variety meat exports, mainly livers and kidneys, after volumes slowed in 2022. Shipments through February more than doubled from a year ago in volume (4,070 mt, up 144% and a record pace) and nearly tripled in value ($4.3 million, up 184%). Through February, South Africa was the second largest destination for U.S. beef liver exports and the largest destination for kidney exports. Variety meat exports are also trending sharply higher this year to Cote D’Ivoire.</li> <li style="font-weight: 400;">Beef exports to the European Union strengthened in February to 1,662 mt, up 59% from a year ago, while value jumped 48% to $20.6 million. This pushed the two-month volume 12% higher to 3,023 mt, valued at $36.1 million (up 6%).</li> <li style="font-weight: 400;">Beef export value equated to $391.71 per head of fed slaughter in February, down 12% from a year ago, while the January-February average was down 24% to $360.20 per head. Exports accounted for 14.6% of total beef production in February, up one-half percentage point from a year ago, while the percentage of muscle cuts exported was 12.4% (up from 11.6%). Through February, these ratios were 13.6% of total production and 11.6% for muscle cuts, each down about one percentage point from a year ago.</li> </ul> <p style="font-weight: 400;"><strong>Lamb exports continue to trend higher</strong></p> <p style="font-weight: 400;">Exports of U.S. lamb muscle cuts totaled 224 mt in February, up 26% from a year ago, while value increased slightly to $1.23 million. Led by growth in Mexico, the Netherlands Antilles, the Turks and Caicos Islands and Guatemala, January-February exports increased 70% to 446 mt, while value was up 31% to $2.33 million.</p> | 1 | Market | adrian.lazar@industriacarnii.ro | 2023-04-11 00:25:53 | 2025-07-14 20:34:25 | Details Edit Delete | |
| 2573 | US beef exports remain on record pace, says USMEF | Beef exports totaled 112,842 metric tons (mt) in November, up 1 percent from a year ago, while value climbed 6 percent to $709.2 million, according to statistics released by USDA and compiled by USMEF. | <p>For January through November, exports reached 1.24 million mt, up 8 percent year-over-year and 6 percent above the record pace of 2011. At $7.63 billion, beef export value was up 16 percent and has already broken the full-year record set in 2017 ($7.27 billion).</p> <p>Beef export value per head of fed slaughter is also on a record pace, averaging $322.97 in November (up 5 percent from a year ago) and $320.72 during the first 11 months of 2018 (up 14 percent).</p> <p>Exports accounted for 13.1 percent of total November beef production and 10.9 percent for muscle cuts, both steady with November 2017. For January through November, exports equated to 13.4 percent of total production and 11.1 percent for muscle cuts – up from 12.8 percent and 10.3 percent, respectively, in 2017.</p> <p>These numbers highlight the strong international demand for U.S. beef as exports are accounting for a larger share of growing U.S. production and are fetching higher prices, with some U.S. cuts trading at record prices in Asia.</p> | 1 | Industry | 2019-02-13 06:46:16 | 2025-07-14 07:57:03 | Details Edit Delete | ||
| 6665 | USMEF: Beef Exports Below Record Pace of 2022 | Beef exports totaled 115,107 mt in June, down 12% from a year ago and slightly below the May volume. Export value was $909.5 million, down 13% year-over-year but the highest since October and 4% above the value posted in May. First-half beef exports were 10% below last year’s record pace at 669,176 mt. Export value was just under $5 billion – down 19% from a year ago but still 8% above the first half of 2021. | <p><span lang="DE">"It was a challenging first half for beef exports, especially when compared to the blistering pace established a year ago", said Dan Halstrom, USMEF president and CEO. "But we are encouraged to see that exports are still accounting for a consistently high percentage of total beef production, and variety meat exports have held up very well considering the decline in U.S. slaughter. These metrics continue to illustrate the important contribution of exports in maximizing beef carcass value.” </span></p> <p><span lang="DE">U.S. beef’s presence in Mexico continued to expand in June, with shipments climbing 20% from a year ago to 18,005 mt, while value soared 33% to $97.9 million. First-half exports to Mexico were 14% above last year’s pace at 100,171 mt, while value increased 19% to $557.5 million. Mexico is the largest volume destination for U.S. beef variety meat, with first-half exports increasing 16% to 52,659 mt. Variety meat value climbed 21% to $148.6 million. </span></p> <p><span lang="DE">While June exports of beef variety meat were below last year’s large volume (25,683 mt, down 3%), export value increased 1% to $104.5 million – the highest since October. In addition to the increase to Mexico (see above), variety meat exports more than doubled year-over-year to South Africa (1,733 mt, up 126%), South Korea (1,684 mt, up 119%), and Indonesia (656 mt, up 112%) and increased sharply to Gabon, Angola, Central America and the Dominican Republic. First-half exports of beef variety meat were 5% below last year at 143,294 mt, while value fell 12% to $552.7 million. </span></p> <p><span lang="DE">For the second consecutive month, beef exports to Taiwan performed exceptionally well in June. Exports climbed 27% year-over-year to 7,258 mt – the largest since April 2022 and the third highest on record. Export value was also the highest since April 2022 at $67.7 million, up 3% from a year ago. First-half exports to Taiwan were 9% below last year at 33,792 mt, valued at $327.6 million (down 26%), but the recent rebound in demand is very encouraging. </span></p> <p><span lang="DE">Other first-half export results for U.S. beef include: </span></p> <ul> <li><span lang="DE">As noted above, beef exports to South Africa continued to strengthen in June. Shipments consisted entirely of variety meat, climbing 126% above last year to 1,733 mt. June export value was $1.7 million (up 7%). First-half exports to South Africa were 134% above last year at 10,413 mt, with value up 88% to $11.1 million. </span></li> <li><span lang="DE">Beef exports to Canada also followed a strong May performance with a solid June total of 10,165 mt, up 13% from a year ago. June export value increased 20% to $90.3 million. First-half exports to Canada were steady with last year at 51,964 mt, valued at $417.6 million (down 1%). </span></li> <li><span lang="DE">Exports to leading market Korea totaled 21,410 mt in June, down 14% from a year ago, while export value fell 19% to $186.9 million. First-half exports to Korea were 11% below last year’s record pace at 133,775 mt, valued at $1.09 billion (down 28%). </span></li> <li><span lang="DE">First-half beef exports to China/Hong Kong totaled 119,810 mt, down 12% from a year ago, while value declined 17% to $1.04 billion. But exports to Hong Kong have strengthened in 2023, partially bolstered by a long-awaited uptick in tourism and business travel. First-half exports to Hong Kong increased 28% to 19,526 mt, valued at $201.3 million (up 10%). </span></li> <li><span lang="DE">June beef exports to Japan remained significantly below last year but improved from the previous month. June shipments totaled 20,685 mt, down 25%, while export value was $166.4 million – down 20% from a year ago but notably higher (up 21%) than in May. First-half exports to Japan were down 17% year-over-year to 129,044 mt, valued at $924 million (down 26%). </span></li> <li><span lang="DE">Despite taking a step back in June, first-half beef exports to the European Union, including product for use by cruise lines, increased 8% from a year ago in both volume (10,890 mt) and value ($143.2 million). </span></li> <li><span lang="DE">The Dominican Republic took larger beef volumes in June (up 3% to 740 mt), bringing the first half total to 4,894 mt, up 6%. Export value climbed 10% to $53 million, reflecting strong demand in the tourism sector. </span></li> <li><span lang="DE">Beef export value equated to $407.12 per head of fed slaughter in June, down 9% from a year ago. The first-half average was $394.39, down 17%. Exports accounted for 14.3% of total June beef production, down from 15.5% a year ago, while the ratio of muscle cuts exported fell only slightly to 12%. First-half ratios were 14.4% of total production and 12.2% for muscle cuts, each down about one percentage point from the first half of 2022. </span></li> </ul> <p><strong><span lang="DE">Lamb exports trend lower, fall below year-ago level</span></strong></p> <p><span lang="DE">After a strong start in 2023, exports of U.S. lamb muscle cuts trended sharply lower in the second quarter. June exports were just 109 mt, down 56% from a year ago, while value fell 45% to $1.54 million.</span></p> <p><span lang="DE">First-half exports were down 5% in volume (1,067 mt) and 6% in value ($6.35 million). Exports trended higher to the Netherlands Antilles, the Bahamas, Guatemala and Canada, and volume increased slightly to Mexico.</span></p> | 1 | Retail | adrian.lazar@industriacarnii.ro | 2023-08-15 00:10:57 | 2025-07-13 22:56:02 | Details Edit Delete | |
| 5354 | US beef exports show strength | Beef exports totaled 119,066 metric tonnes, up 13% from a year ago, while value soared 57% to $1.03 billion. | <p>US beef industry started the year on a high note, with volume reaching 119,066 metric tonnes, up 13% from a year ago, while value soared 57% to $1.03 billion, according to the US Meat Export Federation (USMEF). This was the third-highest value total on record – trailing only August and November of last year – and export value per head of fed slaughter set a new record, topping $500 for the first time.</p> <p>“This is a truly remarkable run for US beef exports, and the momentum is not limited to our large Asian markets,” said USMEF President and CEO Dan Halstrom. “Regions such as Central America and the Caribbean contributed significantly to January export growth, and export value made strong gains in the Middle East.”</p> <p>Beef exports to South Korea reached a record $2.38 billion in 2021, and demand didn’t miss a beat in January. Exports to Korea climbed 39% from a year ago to 29,578 tonnes, while export value nearly doubled to a record $316.5 million (up 99%). While US beef’s pandemic-era growth in Korea has been largely driven by soaring retail demand, the foodservice outlook is also brightening as health officials recently loosened social distancing requirements and allowed longer operating hours for restaurants. Korea’s tariff rate on US beef, which was 40% before the Korea-US Free Trade Agreement entered into force, dropped to 10.7% this year and will reach zero at the end of 2026.<br />Demand for US beef in China/Hong Kong remained strong in January, climbing 69% from a year ago to 19,772 tonnes, while export value more than doubled ($194.2 million, up 115%). USMEF projects continued growth for US beef in the region this year, though at a more moderate rate than in 2021 when export volume increased 87% year-over-year to more than 240,000 tonnes. Meaningful access to China – which was first achieved in early 2020 through the Phase One Economic and Trade Agreement – is also a supportive factor in the prices US beef cuts command in other Asian markets.<br />January beef exports to Japan were up 4% from a year ago at 22,936 tonnes, while value jumped an impressive 32% to $181.7 million. Exports were bolstered by a strong performance for beef variety meat – mainly tongues and skirts – which increased 20% in volume (4,367 mt) and 69% in value ($41.8 million). <br />Exports to Taiwan, the Middle East, Vietnam, Central America and the Caribbean have also contributed to the increase reported by USMEF for the first month of the year.</p> | 1 | Industry | 2022-03-15 12:02:27 | 2025-07-15 01:58:03 | Details Edit Delete | ||
| 7020 | US beef exports slowed in November, recording the third lowest value of 2023 | Beef exports totaled 99,029 mt in November, down 14% from a year ago and the second lowest of the year, while value fell 7% to $786.2 million. For the first 11 months of the year, beef exports were 13% below the record pace of 2022 at 1.18 million mt, while value declined 17% to $9.11 billion. | <p style="font-weight: 400;">"There are certainly bright spots for U.S. beef, with exports rebounding in Mexico and demand in several Western Hemisphere markets the strongest we’ve seen in years", said USMEF President and CEO Dan Halstrom. "But economic conditions in our largest Asian markets and the sharp rebound in Australian production and exports have been persistent obstacles over the past year, making it a sharp contrast with the tremendous 2022 performance for U.S. beef exports. Despite these challenges, we still see sustained demand for chilled U.S. beef, and the U.S. remains the dominant supplier of chilled beef entering Korea, Japan and Taiwan".</p> <p style="font-weight: 400;">Beef exports to Mexico posted another impressive performance in November, increasing 3% from a year ago to 17,843 mt and climbing 14% in value to $103.6 million. Through the first 11 months of 2023, exports to Mexico rebounded 14% in volume to 189,242 mt and an impressive 24% in value to $1.08 billion - already surpassing the full-year totals from 2022. This included a 16% increase in beef variety meat exports, to 98,330 mt, with value up 20% to $286.5 million. </p> <p style="font-weight: 400;">November beef exports to Central America were steady with a year ago at 1,940 mt, while value increased 20% to $15.1 million, the highest in two years. For January through November, exports to the region edged 1% higher than a year ago to 19,027 mt, while value increased 5% to $135.4 million. Exports to leading market Guatemala were up 5% to 8,471 mt, while value increased 14% to $66.8 million. In Honduras, shipments increased 10% to 2,294 mt and soared 33% higher in value to just under $13 million. Both of these markets have already set annual value records and are on a record volume pace. Export volume to El Salvador is also on a record pace. </p> <p style="font-weight: 400;">Despite lower shipments to leading market South Africa, November beef exports to Africa nearly doubled from a year ago to 1,221 mt (up 97%), while value was 33% higher at $1.5 million. Growth was led by Angola, Cote D’Ivoire and Gabon. January-November shipments to Africa increased 60% to 19,364 mt, valued at $24 million (up 28%). About 98% of these shipments are beef variety meat, mainly livers and kidneys. </p> <p style="font-weight: 400;">Other January-November results for U.S. beef exports include: </p> <ul style="font-weight: 400;"> <li>While Taiwan’s demand for U.S. beef is below the record levels of 2022, it has proven more resilient than other major Asian markets. Through November, exports to Taiwan were down 6% year-over-year to 56,629 mt, while value fell 17% to $580.4 million. U.S. beef still dominates Taiwan’s chilled beef market, capturing 75% market share. </li> <li>November beef shipments to the Dominican Republic were below year-ago levels but January-November volume remained 1% above the year-ago pace at 8,531 mt. Export value to the DR, which is on a record pace, increased 8% to $95.7 million. Exports to the Caribbean region increased 5% in value to $228.4 million, despite trending lower in volume (24,538 mt, down 6%). The Bahamas and Netherlands Antilles have set annual value records, while export value is also on a record pace for Turks and Caicos. </li> <li>Beef exports to Hong Kong, where demand has strengthened with the recovery in business travel and tourist visits from mainland China, increased slightly in November to 3,406 mt, though value was down 4% to $35.4 million. January-November shipments to Hong Kong increased 12% to 36,397 mt, while value increased 3% to $379.2 million. </li> <li>While still trending lower for the year, November beef exports to South America were the largest since mid-2022 at 2,302 mt, up 33% year-over-year. Export value increased 7% to $12 million. Through November, exports to South America were down 15% year-over-year to 20,294 mt, while value fell 20% $109.8 million. </li> <li>The positive results in the above-mentioned markets were offset by lower demand in U.S. beef’s three largest export destinations: South Korea, Japan and China. Through November, exports to Korea were 17% below the record pace of 2022 at 225,235 mt, while value was down 24% to $1.91 billion. Exports to Japan declined 22% to 224,489 mt, with value also falling 24% to $1.67 billion. Shipments to China were down 24% in volume (174,901 mt) and 27% in value ($1.48 billion). Product shipped in late 2022 was still clearing into these markets in 2023, U.S. beef prices were increasing at a time that competitors’ prices were falling, and consumers were pinched by sustained inflationary pressures, which also contributed to a lack of consumer confidence. These negative factors should ease in 2024, but marketing the value attributes of U.S. beef will remain critical. </li> <li>November beef export value equated to $380.54 per head of fed slaughter, down slightly year-over-year. The January-November average fell 13% to $394.07 per head but was still the third highest on record, trailing only 2021 and 2022. Exports accounted for 12.7% of total November beef production and 10.4% for muscle cuts only, each about one percentage point lower than a year ago. The January-November ratios were 13.9% of total production and 11.7% for muscle cuts, compared to 15.3% and 13.1%, respectively, in 2022. </li> </ul> | 1 | Market | adrian.lazar@industriacarnii.ro | 2024-01-17 00:20:34 | 2025-07-13 21:07:58 | Details Edit Delete | |
| 7370 | USMEF: Beef export value highest in nine months | Beef exports were below last March’s large volume but export value was the highest since June 2023. | <p style="font-weight: 400;">March beef exports totaled 108,218 mt, down 10% from the large volume posted a year ago but still the highest of 2024. Export value was $889.9 million, down slightly from a year ago (-0.3%) but the highest in nine months. January-March exports totaled 311,865 mt, down 4% from the first quarter of 2023, but export value increased 6% to $2.48 billion. </p> <p style="font-weight: 400;">"Beef demand in the Caribbean was outstanding in March, and we continued to see a strong rebound in the Middle East as well as some positive signs in Korea and Japan, where the foodservice recovery is making progress", said USMEF President and CEO Dan Halstrom. "It’s a challenging situation in terms of supply availability, but the value U.S. beef commands internationally is very encouraging – as evidenced by March export value climbing to more than $450 per head".</p> <p style="font-weight: 400;">March was one of the best months ever for U.S. beef exports to the Caribbean, where shipments climbed 16% from a year ago to 3,398 mt – the third largest on record. Export value was the second highest on record, climbing 12% to $31.1 million.</p> <p style="font-weight: 400;">This performance was led by record-large exports to the Dominican Republic, which increased 17% from a year ago to 1,238 mt. Export value to the DR soared 30% to a record $15.4 million. First quarter exports to the Caribbean increased 18% in volume (9,037 mt) and 14% in value ($76.4 million). In addition to the DR’s strong performance, first quarter exports increased to the Netherlands Antilles, Leeward-Windward Islands, Cayman Islands, Barbados and Turks and Caicos Islands. Beef variety meats achieved dramatic growth in Trinidad and Tobago.</p> <p style="font-weight: 400;">Following a down year in 2023, the Middle East region’s demand for U.S. beef rebounded impressively in the first quarter. March exports totaled 5,342 mt, up 30% from a year ago, while export value climbed 22% to $22.2 million. First quarter exports to the region increased 41% from a year ago to 14,562 mt, valued at $61.5 million (up 40%). Much of this growth is attributable to larger beef variety meat shipments to Egypt, where March exports were the highest since December 2022. But muscle cut exports also increased dramatically to the United Arab Emirates, Kuwait and Qatar and trended higher to Israel, Bahrain and Jordan. </p> <p style="font-weight: 400;">Although March beef export volume to Mexico fell below the year-ago level for the first time in 15 months, the market still posted a solid performance. March shipments to Mexico totaled 16,628 mt, down 5% from a year ago, while export value increased 3% to $100.2 million. First quarter exports to Mexico increased 12% year-over-year to 56,499 mt, while export value jumped 18% to $333.5 million. Since gaining access last year, Brazil has emerged as the second largest supplier of beef to Mexico. </p> <p style="font-weight: 400;">Other first quarter results for U.S. beef exports include: </p> <ul style="font-weight: 400;"> <li>March beef export value equated to $454.62 per head of fed slaughter, up 14% from a year ago and the highest since July 2022. The January-March average was $407.91 per head, up 9% from the first quarter of 2023. Exports accounted for 15% of total March beef production and 12.6% for muscle cuts, up from the year-ago ratios of 14.6% and 12.3%, respectively. First quarter exports accounted for 13.9% of total production and 11.6% for muscle cuts, both down slightly from a year ago. </li> <li>Beef exports to leading market South Korea continue to trend lower than a year ago in volume but still achieve higher value. March exports to Korea totaled 22,105 mt, down 14% year-over-year, but value increased 5% to $211.2 million – the highest since December. First quarter exports to Korea were down 8% to 58,968 mt, while value increased 10% to $553.9 million. For chilled beef, exports were down 4% to 17,550 mt while frozen volume fell nearly 10% to 38,497 mt. </li> <li>March beef exports to Japan also edged higher in value at $168.6 million, up 1% from a year ago and the highest since August. Although March export volume fell 7% to 21,412 mt, this was the largest total in 12 months. With the persistently weak yen weighing heavily on consumers’ purchasing power, first quarter exports to Japan fell 10% from a year ago to 62,692 mt, though export value was only down slightly (-1%) to $469.7 million. Japan’s central bank took actions over the past week aimed at bolstering the yen’s value, which had recently fallen to its lowest level versus the U.S. dollar since 1990. </li> <li>Although March beef exports to Central America trended lower in volume (1,751 mt, down 15%), export value still increased 14% to $15.3 million. Led by robust growth in leading market Guatemala and Panama, first quarter exports to the region increased 4% year-over-year to 5,708 mt, while value climbed 15% to $42.5 million. </li> <li>First quarter beef exports to Canada dipped slightly in volume (22,080 mt, down 1%) from a year ago, but export value increased an impressive 17% to $194.3 million. </li> <li>Beef exports to Taiwan slumped in March to 3,802 mt, down 33% from a year ago, while value fell 27% to $40.5 million. This pushed first quarter exports to Taiwan 18% below last year’s pace at 12,112 mt, while value fell 6% to $132.7 million. </li> <li>March beef exports to China/Hong Kong also trended lower in March, falling 13% from a year ago in volume (18,473 mt) and 11% in value ($168.1 million). First quarter exports to the region were down 7% to 51,122 mt, while value was down 2% to $469.8 million. </li> </ul> <p style="font-weight: 400;"><strong>First quarter lamb exports lower in volume, but value trends higher</strong></p> <p style="font-weight: 400;">March exports of U.S. lamb were 35% below last year at 246 mt, while export value fell 5% to $1.5 million. However, this year-over-year decline was mainly due to a large volume reported for the Middle East in March 2023, as March exports to the Caribbean, Mexico and Canada all trended significantly higher than a year ago. </p> <p style="font-weight: 400;">First quarter lamb exports fell 5% in volume to 819 mt, but value increased 19% to $4.7 million. Value growth was led by the Caribbean, Mexico and Canada, but exports also trended higher to Taiwan and the ASEAN.</p> | 1 | Market | adrian.lazar@industriacarnii.ro | 2024-05-22 00:30:39 | 2025-07-15 00:19:37 | Details Edit Delete | |
| 5046 | New wagyu experience delivered to export markets | Beef from older cows is more popular in the EU market and a special, unusual niche was created in Japan to respond to this trend. | <p>The Japanese butchers are working on a new wagyu specialty to respond to demand from foreign customers in markets such as Switzerland, France, Italy, the Netherlands, or Singapore.<br />While traditional Wagyu beef is coming from young cows aged 27 to 30 months, this new specialty comes from cows aged 90 to 100 months, usually kept for reproduction. Mother cows wagyu beef is considered to be of low value in Japan, while Europeans are more attracted by the taste of older cows, informs the EconoTimes newspaper. This way, Japan hopes to increase wagyu beef exports from refattened mother cows. Local exporters and breeders of cows are focusing on satisfying the tastes of overseas customers and their emphasis on animal welfare in livestock breeding. An event was organized last month in Bern, Switzerland by the Japan External Trade Organization with a clear focus on promoting the new wagyu beefsteak and the response was encouraging for exporters.</p> | 1 | Industry | 2021-11-01 07:00:02 | 2025-07-15 00:44:50 | Details Edit Delete | ||
| 6910 | AHDB: Beef trade stable but exports remain in annual decline | Beef import volumes in September remained close to the previous months level, up by 250 t to 18,350 t, informs AHDB. This brings the total for Jan-Sep 2023 to just under 165,000 t. This is a drop of 7,000 t (-4%) from the same period last year, with volumes particularly subdued in the first quarter of 2023. | <p><span lang="DE">Volumes from our largest supplier – Ireland – totalled 13,600t for September, up marginally from August but down 3% against September last year. Volumes from Ireland have largely stabilised over the past three months. The price differential between GB and Irish steer prices continued to widen through September and October, but has since come back marginally. The gap stood at almost 89p for the week ending 06 November as Irish prices have risen in recent weeks. If this price differential continues at similar levels, this could keep imports of Irish product supported in the run up to Christmas to meet seasonal consumer demand.</span></p> <p><span lang="DE">Indeed, weekly Irish cattle slaughter has increased at pace since September to exceed 40,000 head in early November, slightly above last year’s levels. More recent market reports suggest that demand for cattle is firm as buyers secure Christmas supply, with the latest week’s quotes ticking up to reflect this. Going forward, youngstock figures point to some tightness in supplies next year.</span></p> <p><span lang="DE">Export volumes have held relatively steady but have remained in decline against 2022, as has been the trend for most of this year. Volumes for September totalled 8,250 t, which represented marginal growth from August, but a fall of 1,150 t (-12%) from September 2022. GB cattle prices remain at an elevated premium over EU prices, limiting competitiveness in this market. Similarly, the EU market has been affected by lower demand for beef, which looks set to continue as per the European Commission’s latest forecasts (1% fall in consumption for 2024).</span></p> <p><span lang="DE">The market share of UK exports to the EU has fallen from last year, when looking at the year to date (Jan – Sep). In 2022, the EU imported 72,500 t of fresh/frozen beef from the UK, with a market share of 36%. For the same period in 2023, these volumes have fallen to 51,300 t with a market share of 28%. Volumes exported to Japan have fallen in the year to date, by 1,650 t to 900 t, as falling demand for beef continues to weaken imports.</span></p> | 1 | Retail | adrian.lazar@industriacarnii.ro | 2023-11-24 00:15:49 | 2025-07-14 21:36:52 | Details Edit Delete | |
| 3344 | Aussie beef loses advantage in Korea | Beef imported from Australia will have a higher tariff until the end of the year. | <p>Until 31 December, Australian beef imports in Korea will have a higher tariff due to the full utilization of the annual safeguard volume in this market. This is a unique situation since KAFTA entered into force in 2014 and is going to give an advantage to the US, the main competitor for Australian beef in the South Korean market. "The safeguard volume for 2019 is 170,673 tonnes swt and increases by 2% each year. Australia has triggered the safeguard, resulting in Korea raising the tariff for Australian products from 24% to 30% – effective until 31 December 2019," informs Meat and Livestock Australia in a press release.<br />The US is Australia’s major competitor in the Korean imported beef market. The US tariff will remain at 18.7% due to a greater safeguard volume (312,000 tonnes swt) under the Korea-US Free Trade Agreement (KORUS).<br />Once Australia has triggered the safeguard volume, the tariff differential between Australia and the US will increase from 5.3% to 11.3%. "In the short-term, the impact will be negligible, given the modest tariff increase in 2019. Although tight domestic cattle supplies may limit Australia’s ability to serve the market in 2020, it is possible that Australia will trigger the safeguard again, as the remainder of Australian exports in 2019 will carry over and count towards the 2020 safeguard", commented the Association.<br />Other contributing factors to future demand include prices from both Australia and the US, exchange rates and the ongoing African Swine Fever outbreak Asia.</p> | 1 | Market | 2019-10-23 12:03:02 | 2025-07-15 00:56:33 | Details Edit Delete | ||
| 926 | Cattle production to slow down, announce USDA | Beef imports expected to rise thanks to robust early-year demand said the latest projection of US Department of Agriculture (USDA). | <p>Officials from USDA announced that due to a drought that hit an area where a large portion of the U.S. cattle inventory is located, which is likely affecting the timing of placements of feeder cattle in feedlots, the production is expected to decrease. "As a result of higher late-2017 placements and relatively slower growth in the 2017 calf crop, the forecast for 2018 commercial beef production was lowered from last month to 27.7 billion pounds", informed USDA.<br />Beef imports are forecast to be higher in 2018, thanks to robust early-year demand. No change is forecast for beef exports. US beef export markets are Asia (66%), Mexico (15%), Canada (11%), Central/South America and the Caribbean (5%), EU (2%) and another 2% to the rest of the world.</p> | 1 | Industry | 2018-03-12 10:00:46 | 2025-07-14 17:23:15 | Details Edit Delete | ||
| 6160 | AHDB: Beef exports up and imports down in 2022 | Beef imports for the last month of 2022 reached 21,500 tonnes, marking a near 10% decrease in volume from December 2021. The majority of the decline was driven by lower shipments from Ireland, continuing the trend seen from the months previous. | <p><span lang="DE">For the full year of 2022</span><span lang="DE">, fresh and frozen beef imports totalled 233,300 tonnes, down 3.6% from the 2021 total.</span></p> <p><span lang="DE">As the year progressed, imports were above 2021 volumes in the first two quarters, but fell below year-ago levels in the second half of the year. This is partly explained by lower-than-average trade in the first part of 2021 (immediately following EU Exit).</span></p> <p><span lang="DE">Total beef imports are predominantly from the EU, with Ireland remaining a key market, although volumes have eased in 2022. Outside of the EU, imports from South America increased year-on-year from 2021. Looking at the product mix, boneless </span><span lang="DE">fresh and frozen beef remains a key import</span><span lang="DE"> into the UK.</span></p> <p><span lang="DE">The value of total beef imports reached £1.24 billion for the total of 2022, an increase of £65.4m from the 2021 total, up 16%. Since January 2022, there has been a 39% increase in the value of beef imports from £78m to £108m. This is set against the backdrop of increasing </span><span lang="DE">inflationary pressures</span><span lang="DE"> and increases in the price of beef. Indeed, the average unit price of fresh and frozen beef imports in 2022 was £5,300 per tonne, up from an average of £4,200 in 2021.</span></p> <p><span lang="DE">Beef exports for the month of December totalled 10,300 tonnes, down slightly (177 tonnes) from December 2021.</span></p> <p><span lang="DE">Total exports for 2022</span><span lang="DE"> stood at 123,700 tonnes, up 20% (20,800 tonnes) on the total volume from 2021. Increases in exports for 2022 mainly came from the first two quarters, with the last two quarters staying closer to volumes seen in 2021.</span></p> <p><span lang="DE">Boneless beef continued to form the majority of product exported in 2022, particularly to the EU, as non-EU shipments eased. While for the full year, more boneless beef was shipped to the EU than in 2021, month-on-month volumes had been on a downward trajectory since March. At the same time, the volume of bone-in beef and beef carcases shipped had shown increases year-on-year, but from lower bases.</span></p> <p><span lang="DE">The total value of beef exports reached just over £540m in total for 2022, up 48% year on year from 2021. The average price of beef shipments appreciated by 23% year-on-year to stand at £4,400 per tonne.</span></p> | 1 | Market | adrian.lazar@industriacarnii.ro | 2023-02-21 00:30:51 | 2025-07-15 01:53:23 | Details Edit Delete | |
| 3430 | US beef regains 50% market share in Korea | Beef imports have increased after the signing of an FTA between the two parts. | <p>US beef has regained the dominant position in South Korea's imports reaching back the 50% market share lost 16 years ago. According to data issued by the Korean International Trade Association (KITA), the Asian country imported almost 190,000 tonnes of US beef in the January-October period, up 7.9 percent from 175,000 tonnes during the same period a year earlier. <br />Beef imports from Australia, meanwhile, decreased 1.1% on-year to 155,000 tonnes during the cited period, relegated to second place in the foreign beef market in Asia's fourth-largest economy.</p> <p>In terms of value, US beef imports reached $1.54 billion during the cited period, up 10.4% on-year, KITA said. The market share for US beef has dropped sharply in 2003, following a mad cow outbreak. Restrictions were lifted in 2008 but Australian beef had the largest market share in this market until last year.</p> | 1 | Market | 2019-12-02 08:59:24 | 2025-07-15 01:57:34 | Details Edit Delete |
