July 2010 beef, pork and lamb export report | TSLN.com

July 2010 beef, pork and lamb export report

July values for U.S. beef and pork exports dipped slightly from the totals achieved in June, but both exceeded year-ago levels with beef posting close to a 40 percent jump over 2009 levels. Based on statistics released by USDA and compiled by the U.S. Meat Export Federation (USMEF), beef export value surged to $366.3 million in July, pushing the cumulative January-July value to more than $2.19 billion – 25 percent higher than last year’s pace and virtually even with the pre-BSE peak value of 2003. In terms of volume, the 588,030 metric tons of beef exported through July is 15 percent higher than in 2009.

Pork export value in July was 4 percent higher than last year at $385.8 million, pushing the 2010 cumulative January-July total to $2.74 billion. This is 8 percent higher than in 2009 and just 1 percent off the all-time record pace established in 2008. July export volume was 4 percent lower than July 2009, but the cumulative volume (1.1 million metric tons) was still up 2 percent from last year.

U.S. lamb exports achieved mixed results through July. Export volume (6,647 metric tons) was 3 percent higher than last year, but value ($13.5 million) was down 18 percent. Exports are down to the Caribbean and Canada, destinations that command higher-value cuts. Exports to Mexico are up substantially – more than 70 percent in volume and 90 percent in value – but these shipments trend toward more economical muscle cuts and variety meat.

Start a dialogue, stay on topic and be civil.
If you don't follow the rules, your comment may be deleted.

User Legend: iconModerator iconTrusted User