US beef exports “continue to build momentum” - leatherbiz: Leading new Leatherbiz

News

US beef exports “continue to build momentum”

08/12/2016
US beef exports in October were valued at $559.5 million, a 10% increase year-on-year, according to the latest statistics compiled by the US Meat Export Federation (USMEF). The volume of exports was up 12% to 105,938 tonnes.

For January to October, the total volume of beef exported from the US was 954,868 tonnes, a 9% increase on the same period last year. The value of these exports was 3% higher at $5.1 billion.
October saw a record performance for US beef exports to Taiwan, with volume up 90% on the previous year. There was also a 40% increase in the volume of exports to Japan and a 63% increase in exports to South Korea.

“It is imperative that we work to expand global demand and accelerate the volume of product entering the international markets,” said Philip Seng, USMEF president and CEO. “USMEF has intensified its marketing efforts in key destinations and capitalized on opportunities to regain market share – not only in mainstay markets such as Japan, Mexico and South Korea, but in a wide range of countries.”


Related stories:

US beef is “commanding solid prices” overseas 08/05/2017
US beef exports maintain momentum 09/03/2017
Strong December tops off good year for US beef 09/02/2017
USMEF regional director aims to educate customers 01/02/2017
November “a very strong month” for US beef exports 10/01/2017

Leatherbiz.com cannot be held responsible for content if the language setting is changed from English.

The translations provided by Google Translate are automated and therefore might not be accurate and may contain incorrect, offensive or misleading language. We offer this facility as a guide only.