The lingering global economic slump and low prices for domestic beef and pork products in key export markets contributed to declines in both
Beef muscle cuts up, variety meat down
Beef (combined muscle cuts and variety meat) exports have fared slightly better than pork, declining two percent in volume and six percent in value for the first half of 2009, reaching 435,260 metric tons (959.6 million pounds) valued at almost $1.5 billion. For the month, beef export volumes slipped 13 percent and the value fell 16 percent.
The success of beef muscle cuts versus variety meat is the opposite of pork: beef muscle cut exports have increased four percent over the first half of 2009 to 284,388 metric tons (almost 627 million pounds) valued at $1.2 billion – a 1 percent increase over 2008. And for the month of June, beef muscle cuts increased 2.5 percent in volume while the value slipped just over 4 percent. This was the largest monthly beef muscle cut export volume since last October.
At the same time,
Of the leading
The No. 4 U.S. beef export market when measured in value, the ASEAN region, is another growth area, with six-month beef export totals up 35 percent in volume (32,933 metric tons or 72.6 million pounds) and 56 percent in value ($105 million), although the region was down sharply in June versus last year.
The top destination for
The No. 2 export market for
H1N1 hurts pork exports
Through the first six months of the year, 2009 is still shaping up as the second-best year for
Compared to export totals in June of 2008 – the second-highest single month totals in history – combined pork and pork variety meat exports were down 31 percent in June of 2009, totaling 133,594 metric tons (294.5 million pounds) valued at $320.4 million.
“The H1N1 influenza virus has been an important factor for
To ensure that
“In challenging economic conditions like these, there is no one silver bullet that will drive exports, so we are looking at a whole spectrum of marketing and education programs that can be tailored to the specific market,” said Philip Seng, USMEF president and CEO. “For example, we are taking the American Beef Club concept popularized in
In the No. 1 market for
On the flip side, exports to the No. 3 market, the greater China/Hong Kong region, are off just over half for the year, dropping 52 percent in volume (to 121,412 metric tons or 267.7 million pounds) and 54 percent in value to $203.3 million.
The story is not the same for exports of pork muscle cuts and variety meat in the first half of 2009 versus 2008: pork variety meat exports are up 27 percent in volume to 245,984 metric tons (542.3 million pounds), and the value of those exports is up 29 percent to $379.2 million. At the same time, the market for pork muscle cuts is down 18 percent in volume to 679,355 metric tons (nearly 1.5 billion pounds) valued at almost $1.8 billion, a 12 percent decline.
Lamb exports up
While a much smaller market than either beef or pork, the export market for
Complete June export statistics for pork, beef and lamb can be found online on USMEF’s statistics page.