U.S. beef exports rise in May

 Resize text         Printer-friendly version of this article Printer-friendly version of this article

U.S. beef exports were 217 million pounds in May – an increase of 4.5 percent from May 2012 – but trade is down 2 percent for the year. Exports have risen through May to Japan (+51 percent), Hong Kong (+52 percent), Canada (+16 percent) and Taiwan (+126 percent), but have been offset by declines in trade to Vietnam (-85 percent), Mexico (-25 percent), and South Korea (-24 percent). Exports in 2013 are forecast at 2.3 billion pounds, about 6 percent lower than 2012. Exports are forecast lower this year due to a 2.5 percent decline in beef production and forecast to decline slightly in 2014, again due to lower production.



Comments (0) Leave a comment 

Name
e-Mail (required)
Location

Comment:

characters left


AG10 Series Silage Defacers

Loosen silage while maintaining a smooth, compacted bunker space resulting in better feed and less waste. This unique tool pierces, ... Read More

View all Products in this segment

View All Buyers Guides

Feedback Form
Leads to Insight