A team of nearly two dozen beef, pork, corn and soybeans producers traveled to Korea last week to see how the U.S. Meat Export Federation is investing in the leading market for American beef.
Exports of U.S. beef trended lower in April due in large part to obstacles in China.
“China we knew would have an off month in April. It was really the start of the disruption and the height of the tariffs, almost 150% tariffs on beef throughout April," said U.S. Meat Ex...
Year-end data from USDA shows that that U.S. beef exports reach new heights in 2022, including double digit growth in export value. U.S. Meat Export Federation President and CEO Dan Halstrom said volume in 2022 was up a few percentage points from 2021, establishing that new export value record of $11.7 billion...
The name of the game for most U.S. commodities is international trade, finding new markets and expanding existing ones. And the U.S. beef sector is no different. The University of Idaho’s Dr. Phil Bass said the beef industry is starting to get some help when it comes to trade agreements, adding that the U.S. Meat Export Federation...
After recording huge numbers in 2021, beef export figures came back to earth in November 2022. But the news is far from bad, according to U.S. Meat Export Federation President and CEO Dan Halstrom. He noted while beef exports were down year-over-year in November, several markets set new yearly value records in just 11 months.
“Korea, Ch...
The USDA’s Foreign Agricultural Service released a report titled U.S. Beef Exports to East Asia on a Record Pace. Despite economic uncertainties brought on by COVID, continued global supply chain challenges, and a competitive global beef market, American exports to East Asia were outstanding in the first half of 2022 in terms of value and volume.
The re...