Beef Buzz News
In Russia and Egypt- They Love Their Beef Livers
Thu, 23 Sep 2010 4:15:00 CDT
Variety meat is an important component of the U.S. beef industry’s success internationally, with items such as beef livers commanding far greater demand overseas than in the domestic market. Russia and Egypt are two critical destinations for U.S. beef variety meat, especially beef livers. Through July of this year, variety meat exports to Russia are up 35 percent in volume and 145 percent in value – to $24.3 million – over 2009. Exports to Egypt are up 11 percent in volume and 30 percent in value – to $52.5 million.
On today's Beef Buzz, John Brook, U.S. Meat Export Federation (USMEF) regional director for Europe, Russia and the Middle East, says that while some analysts expected liver exports to Egypt to decline when Russia reopened to U.S. beef near the end of 2007, the United States continues to fare quite well in both markets.
Beef muscle cut exports to both countries are also performing extremely well in 2010, with export value to Egypt nearly tripling to $24.7 million, and exports to Russia already setting a new calendar-year record at $69.8 million. Brook explains that while Russia’s tariff rate quota for imports of U.S. beef (which applies only to muscle cuts, not variety meat) is nearly full according to U.S. export data, Russia’s import data suggest that some in-quota volume still remains. Russia may import U.S. beef muscle cuts beyond the quota, but the tariff rate rises drastically - from 15 percent to 75 percent.
The Beef Buzz is a regular feature heard on radio stations around the state on the Radio Oklahoma Network- but is also a regular audio feature found on this website as well. Check out our archives for older Beef Buzz shows covering the gamut of the beef cattle industry today. Just click on the Beef Buzz button found on the left hand side of any page on this website.
Ron Hays Beef Buzzes with John Brook of the USMEF
right-click to download mp3
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