USMEF Releases November Export Data

U.S. beef exports posted one of the best months on record in November, according to the U.S. Meat Export Federation. 

November was also a strong month for pork exports, which already surpassed the full-year volume and value records set in 2019. 

November beef exports totaled 115,300 metric tons, up six percent from a year ago and the largest since July 2019. 

Export value climbed eight percent year-over-year to $707.5 million. 

November beef muscle cut exports were the third largest on record at 91,300 metric tons, valued at $630 million. 

November pork export volume was steady year-over-year at 258,800 metric tons, with value down two percent to $697.5 million. 

Although China/Hong Kong remained the largest destination for U.S. pork in November, momentum continued to build in other markets, including Japan, Mexico and Central America. 

January-November pork exports set new annual records for both volume and value. 

Pork muscle cut exports also shattered previous annual records, increasing 18 percent year-over-year to 2.29 million metric tons, valued at $6 billion.

(Story Courtesy of the NAFB News Service)