AGRIBUSINESS REPORT PODCAST – Betty Resnick
Today’s guest is Betty Resnick. Betty is an economist with the American Farm Bureau Federation (AFBF) in Washington, DC and talks about her journey to representing agriculture, the status of … Read More
Today’s guest is Betty Resnick. Betty is an economist with the American Farm Bureau Federation (AFBF) in Washington, DC and talks about her journey to representing agriculture, the status of … Read More
As beef exports continue to approach all-time records in both volume and value this year, it reveals a two decade-long trend whereby U.S. animal protein exports, together, have tripled in value to nearly $21 billion per year.
Both U.S. beef and U.S. pork exports are on a record pace through September, according to data released by USDA and compiled by the U.S. Meat Export Federation .
As U.S. beef exports set an all-time record in August, topping the $1 billion mark for the first time, economists have also been looking at the import market.
U.S. beef exports soared to another new value record in August, topping the $1 billion mark for the first time.
The popularity of U.S. beef around the globe is even more apparent according to the latest data released by USDA and compiled by the U.S. Meat Export Federation.
Despite supply-chain challenges, including a shortage of available shipping containers on the West Coast, 2021 has become the most successful year for beef exports ever.
As beef and pork exports continue to face headwinds in 2021, one meat category has seen impressive growth.
This could be a banner year for beef exports if projections from the U.S. Meat Export Federation are realized.
In 2020, the value of U.S. beef & beef product exports contracted 5.5 percent year-over-year, largely due to supply chain constraints and food service struggles in the wake of the COVID-19 pandemic.
According to the U.S.-Japan Trade Agreement, Japan has raised tariffs on U.S. beef imports to 38.5 percent for 30 days.
U.S. beef and pork exports opened 2021 below the large volumes posted a year ago, according to January data released by USDA and compiled by the U.S. Meat Export Federation.
U.S. beef exports posted one of the best months on record in November, according to data released by USDA and compiled by the U.S. Meat Export Federation.
U.S. beef muscle cut exports were higher in October, though lower variety meat volumes pushed total beef exports slightly below last year.
Beef exports were fairly steady with last year in major Asian markets but trended lower overall according to recent data released by USDA.
July exports of U.S. beef rebounded from recent lows but remained below 2019 levels, according to data released by USDA.
China’s foodservice sector is rebounding from COVID-19 restrictions imposed earlier this year