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U.S. Beef Exports Down 33% in May

July 13, 2020 | Posted in Commodities

According to a report from Capital Press, beef exports decreased 33% by volume to 87,391 tons in May, following disruptions "due to the coronavirus pandemic and economic slowdowns."

Growth in Pork Sales to China Led to Record U.S. Exports in 1Q20

June 4, 2020 | Posted in Data & Trends

Significantly larger pork sales to China boosted U.S. pork exports during first quarter 2020 to a record high volume of over 2 million pounds. Sales to China (including Hong Kong) were a record 597,000 pounds, up nearly fivefold, and more than 50% above earlier quarterly highs in 2008 and 2011.

2019 U.S. Pork Exports Up 10% Year-Over-Year, Beef Exports Down 2.5%

February 10, 2020 | Posted in Commodities

According to a report from the U.S. Meat Export Federation, pork exports soared to 282,145 metric tons (311,011 U.S. tons) in December, up 34% year-over-year and surpassing the previous high (set in November 2019) by 9%.

November Pork Exports a Record Setter; Beef Shipments Slip

January 9, 2020 | Posted in Commodities

U.S. pork exports posted the best month on record in November, reaching new highs in both volume and value, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). November exports of U.S. beef were below the previous year's large totals.

China Waives U.S. Pork, Soybean Import Tariffs

December 9, 2019 | Posted in Commodities

Source: The Pig Site

China said it will waive import tariffs for some soybean and pork shipments from the U.S., according to The Pig Site. The tariff waivers were based on applications by individual firms for U.S. soybeans and pork imports, the finance ministry said in a statement, citing a decision by the country's cabinet.

Chinese Demand for Pork Fuels Import Growth from U.S., Other Countries

November 7, 2019 | Posted in Commodities

Forecasts for U.S. pork exports for 2019 and 2020 were recently raised, due in large part to expectations of continued significant growth in Chinese demand for U.S. pork. China’s demand for imported pork has accelerated as African Swine Fever (ASF) spread throughout China during 2018-19.

U.S. Pork Exports Volume Rises 22% in August

October 14, 2019 | Posted in Data & Trends

Source: U.S. Meat Export Federation (USMEF)

According to a monthly report of USDA data compiled by the U.S. Meat Export Federation (USMEF), U.S. pork exports increased 22% year-over-year in August to 244,256 tons. Total pork export valued increased 19% to $588.8 million. This could be good news for sales of utility tractors in the 40-60 horsepower range, which are most commonly used in the production of livestock.

U.S. Beef Exports Remain Solid; Pork Exports Still Facing Headwinds

November 6, 2018 | Posted in Commodities, Data & Trends

Source: U.S. Meat Export Federation

U.S. beef exports remained very strong in September while pork exports continued to be impacted by retaliatory duties in China and Mexico, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF).

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