Worldwide | U.S. Exports Edge Up In Value But Mixed On Volume Through May | ...
Worldwide
U.S. Exports Edge Up In Value But Mixed On Volume Through May
USDA statistics through May show exports of U.S. beef edging up in volume and value compared to the same period last year, while U.S. pork declined slightly in volume, but continued to grow in value.
U.S. beef and beef variety meat exports increased 11 percent in volume to 275,946 metric tons (mt), or 608 million pounds, and 17 percent in value to $900 million compared to last year.
Since the Japan market reopened almost a year ago, May had the largest monthly volume at 4,585 mt, or 10 million pounds, a 66 percent increase from the volume in April. More than 15,000 mt, or 33 million pounds, valued at more than $77 million of U.S. beef and beef variety meat have been exported to Japan through May this year.
USMEF expects those numbers to increase since in June Japan removed its 100-percent testing of each box of product entering the country and USMEF has many activities this month for “American Meat Month,” including a visit from All-Star pitcher Nolan Ryan, now a Texas cattleman.
U.S. pork and pork variety meat exports declined 5 percent in volume to 515,671 mt, or 1.1 billion pounds, compared to last year, but increased 6 percent in value to $1.2 billion. Japan remained the top market for pork this year with a 10 percent increase in volume to 155,402 mt, or 342 million pounds, and a 16 percent increase in value to $486 million compared to the same time last year. USMEF expects these numbers to continue to climb, especially after the American Pork Sweepstakes retail campaign recently kicked off for “American Meat Month” in July.
China, with a diminishing pork supply due to hog disease, shows 26 percent growth in volume to 35,147 mt, or 77 million pounds, with a monthly volume increase of more than 50 percent compared to May last year. Meanwhile, value through May climbed 49 percent to nearly $48 million compared to last year.
For a complete breakdown, see the Statistics page on the USMEF Web site.
Worldwide
U.S. Exports Edge Up In Value But Mixed On Volume Through May
USDA statistics through May show exports of U.S. beef edging up in volume and value compared to the same period last year, while U.S. pork declined slightly in volume, but continued to grow in value.
U.S. beef and beef variety meat exports increased 11 percent in volume to 275,946 metric tons (mt), or 608 million pounds, and 17 percent in value to $900 million compared to last year.
Since the Japan market reopened almost a year ago, May had the largest monthly volume at 4,585 mt, or 10 million pounds, a 66 percent increase from the volume in April. More than 15,000 mt, or 33 million pounds, valued at more than $77 million of U.S. beef and beef variety meat have been exported to Japan through May this year.
USMEF expects those numbers to increase since in June Japan removed its 100-percent testing of each box of product entering the country and USMEF has many activities this month for “American Meat Month,” including a visit from All-Star pitcher Nolan Ryan, now a Texas cattleman.
U.S. pork and pork variety meat exports declined 5 percent in volume to 515,671 mt, or 1.1 billion pounds, compared to last year, but increased 6 percent in value to $1.2 billion. Japan remained the top market for pork this year with a 10 percent increase in volume to 155,402 mt, or 342 million pounds, and a 16 percent increase in value to $486 million compared to the same time last year. USMEF expects these numbers to continue to climb, especially after the American Pork Sweepstakes retail campaign recently kicked off for “American Meat Month” in July.
China, with a diminishing pork supply due to hog disease, shows 26 percent growth in volume to 35,147 mt, or 77 million pounds, with a monthly volume increase of more than 50 percent compared to May last year. Meanwhile, value through May climbed 49 percent to nearly $48 million compared to last year.
For a complete breakdown, see the Statistics page on the USMEF Web site.