Record August for US beef exports - leatherbiz: Leading news site for Leatherbiz

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Record August for US beef exports

11/10/2018
The value of US beef exports exceeded $750 million in August, the first time it has done so in that specific month, according to data from the US Meat Export Federation (USMEF).

The volume of August’s beef exports was just under 120,000 tonnes, an increase of 7% compared to the same month of last year. The total value of these exports was $751.7 million, up 11% year on year. Exports accounted for 13.2% of total US beef production in August. 

For the first eight months of the year, US beef exports are up 9% in volume and 18% in value year on year. 

“US beef exports continue to achieve tremendous growth, not only in our mainstay Asian markets but in the Western Hemisphere as well,” said USMEF President and CEO Dan Halstrom. “USMEF is excited about the recent market access developments achieved by the Office of the US Trade Representative (USTR) and USDA, with favorable terms being preserved in Mexico, Canada and South Korea and trade talks getting underway with Japan.”

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