Tag: usmef

Outstanding First Half for U.S. Pork Exports; Beef Exports Below Record Pace of 2022

U.S. pork exports concluded an excellent first half with another strong performance in June, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). While well below the record pace established in 2022, June beef exports topped $900 million in value, pushing first-half export value to nearly $5 billion. First-half …

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Persistently High Retail Prices, Soft Demand Cloud Outlook for U.S. Pork Producers

U.S. pork producers are facing an increasingly challenging economic environment that is likely to persist through the remainder of 2023. The combination of elevated operating costs and depressed hog values are evaporating producer returns and limiting overall industry growth. While hog prices have risen this summer, they have not kept pace with skyrocketing costs for …

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Broad-Based Growth for April Pork Exports; Beef Exports Trend Lower

April exports of U.S. pork achieved gains in a wide range of markets, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). Beef exports were below the very large totals posted a year ago, but export value per head of fed slaughter was the highest in eight months. Pork …

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Farm and Ranch News for Memorial Day, May 29th, 2023 with KC Sheperd

USMEF Conference Details Farm Bill Challenges, Examines Importance of U.S.-Mexico Trade Relations

The U.S. Meat Export Federation (USMEF) Spring Conference concluded Friday in Minneapolis with insights from former House Agriculture Committee Chairman Collin Peterson on how to make international trade a higher priority in the next Farm Bill.  Peterson, who oversaw the development of four Farm Bills during his 30 years in Congress, said trade has too …

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USMEF Conference Examines Industry Challenges, Opportunities for U.S. Market Share Gains

The U.S. Meat Export Federation (USMEF) Spring Conference got underway Wednesday in Minneapolis, with USMEF senior staff updating members on industry efforts to expand the international footprint for U.S. red meat and bolster demand for underutilized pork, beef and lamb cuts. Minnesota Agriculture Commissioner Thom Petersen welcomed a strong turnout of producers, exporters, packers, processors …

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2022 Beef Exports Set Annual Records; Strong Finish for Pork Exports

U.S. beef exports set annual records for both volume and value in 2022, according to year-end data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). Pork exports finished lower year-over-year but export value was the third largest on record, trailing only the highs reached in 2020 and 2021. Pork exports continued …

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