While selected markets performed very well, the global pace of
August beef plus beef variety meat exports declined 31 percent in volume and 37 percent in value compared to August 2008. For January-August, exports reached 586,525 metric tons (1.29 billion pounds) valued at $2.02 billion, a drop of 10 percent in volume and 14 percent in value from the same period last year. However, beef muscle cut exports as a percent of production held steady with the January-August 2008 pace at about 7 percent.
Beef exports hampered by sluggish variety meat demand
The overall decline in
Another major factor is that the top two destinations for
Beef exports to
“We are very pleased with the level of
Beef exports to the Caribbean have increased 5 percent in volume and value over last year, with the
Demand for U.S. pork still strong in Japan, Mexico; offset by limited market access in China, Russia
August pork plus pork variety meat exports were down 22 percent in volume and 28 percent in value compared to August 2008. For January-August, exports reached 1.212 million metric tons (2.67 billion pounds) valued at $2.85 billion, a decline of 12 percent in volume and 11 percent in value from the same period last year. While lower than the torrid pace of 2008, pork exports in August were still 35 percent larger than August 2007 – the previous high for pork exports – and accumulated exports through the first eight months of the year were 51 percent larger than January through August 2007.
In the first half of the year, the declining performance of certain pork export markets was largely offset by gains in the two leading destinations for
January-August pork exports to Mexico of 328,801 metric tons (724.9 million pounds), valued at nearly $487 million, were 38 percent higher by volume and 17 percent higher by value than the same period last year.
The January-August volume of pork exports to
Other bright spots for
“USMEF has really intensified pork marketing activities in
Complete export statistics are available from USMEF.