September 18, 2008

Pork exports on track for record year

The incredible expansion of pork exports continued in July and remain on pace to set a new all-time record, according to this week's announcement from the U.S. Meat Export Federation.

The pace this year’s pork exports has been largely attributed to skyrocketing volumes of pork destined for China/Hong Kong. Although that region slowed from its pace earlier this year, other areas picked up. In fact, a new monthly record was set for pork and pork variety meat exports to Mexico in July. Volume of U.S. pork to Mexico has jumped 31 percent from last year. July exports to Russia were also record-large.

USMEF added that beef exports are achieving levels of success not seen since 2003. It said the U.S. beef industry achieved an important benchmark in July, as the value of beef exports for the first seven months of 2008 surpassed imports for the first time since the discovery of BSE closed most global markets to U.S. beef in December 2003.

“Regaining our status as a net value exporter of beef is an important goal of the U.S. beef industry, and a critical component of the Beef Industry Long Range Plan,” said USMEF president and CEO Philip Seng. “These results represent a dramatic turnaround from a year ago, and show that we are certainly headed in the right direction.”

These numbers are great news for Nebraska beef and pork producers, who are seeing tremendous demand for their product both here at home and overseas.

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