U.S. red meat export value continues to climb

by | May 6, 2024 | 5 Ag Stories, News

January-March beef exports totaled 311,865 mt, down 4% from the first quarter of 2023, but export value increased 6% to $2.48 billion, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). USMEF President and CEO Dan Halstrom said beef exports were below last March’s large volume, but export value was the highest since June 2023.

March exports of U.S. pork were steady with last year’s volume and edged higher in value. Halstrom said a rebound in foodservice in key markets like Korea and Japan and a diversified demand for pork led to the strong month for red meat exports.

Halstrom added that March red meat exports had outstanding per head value at a critical time for the U.S. livestock industry.

For more information, visit usmef.org.