February beef exports larger 14%
10 April 2024
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Fuelled via expansion within the Western Hemisphere, South Korea and Australia, US beef exports posted some other very good efficiency in February, in line with knowledge launched via USDA and compiled via the United States Meat Export Federation (USMEF).
February beef exports larger 14% from a 12 months in the past to 250,930 metric lots (mt), whilst worth jumped 15% to $685.1 million. Throughout the first two months of 2024, exports larger 10% in each quantity (502,354 mt) and worth ($1.37 billion).
“Coming off a document worth 12 months, it’s nice to look broad-based momentum for beef exports proceed globally into 2024,” mentioned USMEF President and CEO Dan Halstrom. “Whilst Mexico is without a doubt at the leading edge, we’re seeing very good expansion in markets like Colombia, Chile, El Salvador and the Caribbean, and insist has rebounded impressively in Korea and Australia.”