February shipments totalled 844 mt
26 April 2024
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Malaysia continues to emerge as a promising expansion marketplace for US red meat, in step with knowledge launched by way of USDA and compiled by way of america Meat Export Federation (USMEF).
Thru February, shipments to Malaysia totalled 844 mt, up 848% over ultimate yr’s low volumes. Export price greater 734% to $2.5 million.
To all markets, February red meat export price equated to $62.37 according to head slaughtered, up 4% from a yr in the past.
The January-February reasonable used to be $61.16 according to head, additionally up 4%.
Exports accounted for 29.4% of general February red meat manufacturing and 25.4% for muscle cuts, up from 28.3% and 23.8%, respectively, ultimate February.
The January-February ratios have been 28.8% of general manufacturing and 24.8% for muscle cuts, each and every about one proportion level upper than a yr in the past.