Monday, May 16, 2011

Just in from Washington



U.S. Red Meat Exports Reach New Per-Head Value Levels
Washington--Exports of U.S. beef and pork continued on a record-setting pace in March, with beef posting a 65 percent gain in value versus year-ago levels and pork showing an impressive 40 percent increase, according to statistics compiled by the U.S. Meat Export Federation (USMEF.

On a per-head basis, both pork and beef exports achieved record value levels. The U.S. exported 29.4 percent of total pork production with a per-head equivalent value of $56.52.For the first three months of 2011, beef exports are up 32 percent in volume and 53 percent in value while pork exports are up 18 percent in volume and 25 percent in value compared to the first quarter of 2010.

“We are seeing rebounding global demand for high-quality U.S. red meat products, particularly as consumer trust recovers in key markets like Japan and South Korea,” said Philip Seng, USMEF president and CEO.

“Certainly, we still are facing obstacles in the international marketplace, such as China’s ban on U.S. beef, Mexico’s NAFTA-related tariff on U.S. pork, technical issues in Taiwan and age restrictions on beef exports to Japan, but even without the resolution of any significant access issues, we’re finding increased opportunities to expand market share for U.S. red meat products.

U.S. Meat Export Federation news release

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