Exports up 19% over final 12 months
21 December 2023
1 minute learn
US beef exports to main marketplace Mexico reached a list 100,867 mt, hovering 19% from a 12 months in the past, whilst price climbed 9% to a list $221.1 million, in step with knowledge launched by way of USDA and compiled by way of the USA Meat Export Federation (USMEF).
January-October shipments to Mexico greater 13% over final 12 months’s list tempo to 895,221 mt, with price up 16% to $1.9 billion.
Beef muscle minimize exports to Mexico have been record-large in October at just about 87,000 mt, which equated to ten.7% of U.S. manufacturing.
Thru October, beef muscle minimize exports have been up 11% from final 12 months’s list tempo at 763,159 mt.
Selection meat exports sped up at a fair quicker tempo – hiking 29% to 132,062 mt, valued at $248.6 million (up 38%), led by way of higher shipments of chilled selection meats and frozen stomachs.