Fueled by way of document performances in Mexico, Central The united states and Colombia, November exports of U.S. Red meat reached the very best worth since mid-2021, in keeping with knowledge launched by way of USDA and compiled by way of the U.S. Meat Export Federation (USMEF).
- November red meat exports to main marketplace Mexico set a price document, up 5% from a yr in the past. Export quantity (100,313 mt) higher 14% and was once the second one biggest on document, trailing handiest October 2023.
- Led by way of exceptional enlargement in Honduras, Guatemala and El Salvador, red meat exports to Central The united states set per thirty days information in Nov. Shipments higher 35% from a yr in the past to 16,565 mt.
- November was once a very good month for red meat exports to South Korea, up 19% from a yr in the past to 17,406 mt.
- Red meat exports to Oceania made an outstanding rebound in 2023 and this development persisted in November, with shipments just about tripling from a yr in the past to six,414 mt (up 186%).
- Exports accounted for 30.1% of general Nov. red meat manufacturing and 26.2% for muscle cuts handiest, each and every up about 1 proportion level from a yr in the past.