Export worth fell 1.5% over ultimate 12 months
10 October 2023
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August exports of US red meat had been secure year-over-year, led by means of any other super efficiency in Mexico, in keeping with knowledge launched by means of USDA and compiled by means of US Meat Export Federation (USMEF). August red meat exports totalled 226,519 metric lots (mt), secure with ultimate 12 months, whilst export worth fell 1.5% to $649.5 million.
Throughout the first 8 months of 2023, red meat exports had been 11% above ultimate 12 months’s tempo at 1.91 million mt, valued at $5.32 billion (up 9%).
“I will not say sufficient about Mexico’s exceptional call for for US red meat and the important earnings those exports force for the USA trade,” mentioned USMEF president and CEO Dan Halstrom.
“However the tale of this 12 months’s export enlargement extends well past Mexico, as call for is mountaineering in different Western Hemisphere locations and the USA trade may be attaining beneficial properties in different Asia-Pacific markets,” he added.