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Beef Buzz News


Slow Pace of U.S. Beef Exports a Concern, Says Market Analyst Katelyn McCullock

Wed, 18 Nov 2020 08:33:47 CST

Slow Pace of U.S. Beef Exports a Concern, Says Market Analyst Katelyn McCullock While pork exports will likely set record levels this year, the slow pace of beef exports is a concern, says Katelyn McCullock, director and senior agricultural economist for the Livestock Marketing Information Center, based in Denver, Colo.

All the countries that import beef are faced with their own pandemic ramifications and where beef ranks culturally and economically in comparison with other animal proteins in that country, she said.

The September data show we are down about six percent from year ago, she said.

Perhaps the most disappointing destinations are Mexico and Vietnam.

Mexico, the third largest destination by volume in 2019 and in September they lost 37 percent from last year and Vietnam was 47 percent down, she said.

McCullock noted a lot of people like to talk about the importance of China, yet China is not a big beef market as the volume lost in Mexico is roughly the same size as the total Chinese imports.

By the end of 2020 we are expecting a decline in total beef exports year over year but how much is hard to say, McCullock said.

Looking ahead to 2021 McCullock is optimistic despite the fact there will probably be a hangover from 2020 but she hopes it will get better in the second half of 2021.

Click on the LISTEN BAR below to hear more comments from McCullock.

The Beef buzz is a regular feature heard on radio stations around the region on the Radio Oklahoma Network and is a regular audio feature found on this website as well. Click on the LISTEN BAR below for today’s show and check out our archives for older Beef Buzz shows covering the gamut of the beef cattle industry today.

   
   

Ron Hays Beef Buzzes With Katelyn McCullock
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Beef News

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  • Greg Hanes, Cattlemen's Beef Board, Says Zoom And Other Technologies Are Helping Them Reach More Consumers  Wed, 25 Nov 2020 08:16:30 CST
  • USMEF's Dan Halstrom Says The Trump Administration Has Been a Good Period For U.S. Meat Exports  Tue, 24 Nov 2020 08:24:30 CST
  • No Surprises in Latest Cattle on Feed Report And OSU's Derrell Peel Says The Market is Leveling Out  Mon, 23 Nov 2020 07:31:31 CST
  • U.S. Meat Export Glass is Half Full But It's Filling Up Fast Says USMEF's Dan Halstrom  Fri, 20 Nov 2020 08:25:34 CST
  • October Ice Storm Dramatically Impacted Cattle Markets Says OSU's Derrell Peel  Thu, 19 Nov 2020 08:29:20 CST
  • Slow Pace of U.S. Beef Exports a Concern, Says Market Analyst Katelyn McCullock  Wed, 18 Nov 2020 08:39:32 CST
  • Katelyn McCullock, Livestock Marketing Information Center, Talks About Holiday Beef Demand During The Pandemic  Tue, 17 Nov 2020 08:34:42 CST
  • Simmental Among The Breeds to be Shown At Cattlemen's Congress in Oklahoma City in January  Mon, 16 Nov 2020 08:11:49 CST
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  • Market Analyst Corbitt Wall Makes The Case For Cattle Producers and Beef Packers Are Not in The Same Business  Fri, 13 Nov 2020 09:02:10 CST
  • NCBA's Ethan Lane Reviews Election Results  Thu, 12 Nov 2020 08:20:33 CST
  • The Certified Angus Beef Brand Remains Focused on Providing Quallity to Consumers and Profitability to Producers  Wed, 11 Nov 2020 09:23:13 CST

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