The U.S. Meat Export Federation says U.S. beef exports soared to another new value record in August, topping the $1 billion mark for the first time.
USMEF President and CEO Dan Halstrom says August beef exports totaled 132,577 metric tons, up 21% from a year prior and the second largest of 2021.
?The value breaking $1 billion for beef exports globally in a single month is monumental,? said Halstrom. ?It wasn?t that long ago that 600 or 700 million in a month was record-breaking. The exciting thing is that while it?s lead by Japan and China, we really had broad-based growth on the beef side from a variety of regions.?
Halstrom adds pork exports also posted another strong month and remain ahead of the record pace established in 2020.
?The story for August on pork is ? in some ways ? very similar to beef,? said Halstrom. ?Very broad-based growth across a variety of markets. As we all expected, business into China is down about 20%, which was expected on muscle meats. The good news on China is that the variety meats continue to rebound.?
Pork exports totaled 225,822 metric tons in August, up 4% from a year ago, and value increased 20% to $633.9 million.
