US beef exports rise again
06/06/2014
The US Meat Export Federation explains that higher prices commanded in the global market have driven up per-head export values, as international customers have, so far, been willing to pay higher prices for larger volumes.
Japan, the top destination for US beef in April, took 20,614 tonnes down 4% but valued at $130.6 million, a similar figure to April 2013.
Philip Seng, USMEF CEO, said: “It is encouraging to see solid growth in sales to markets where the industry has made the biggest commitment in resources. A good example would be Korea, where export volumes have struggled since 2012 but, as Korea’s domestic supply levels of beef and pork normalise, we are seeing a robust rebound in demand for US products.”
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