Strong start to 2018 for US beef exports
10/05/2018
In the first quarter of 2018, US beef exports were 9% higher in volume and 19% in value year on year. This came off the back of a new monthly value record in March. Exports accounted for 13.2% of total production during the first three months of the year.
The volume of exports going to Japan, the leading market for US beef, fell 3%, but these exports were worth 8% more than in the same period of 2017.
The highlights for the US beef industry in the first quarter included South Korea, where exports increased 22% in volume and 37% in value, and South America, where exports were 42% higher in volume and 46% higher in value.
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