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Strong 2014 for US Beef Exports

12 February 2015
Meat & Livestock Australia

US - US beef exports in 2014 were virtually steady with the year before, at 811,650 tonnes, according to the USDA Foreign Agricultural Service, even though beef production was actually lower in 2014.

This goes a long way to showing how strong the international beef market was last year – as prices for beef in the US were well above previous records for almost the whole year, Meat and Livestock Australia said.

Japan was the largest export market for the US last year, at 206,172 tonnes, followed by Mexico (138,815 tonnes), Hong Kong (138,511 tonnes), Korea (111,010 tonnes), and Canada, which recorded a large 26 per cent drop from 2013, to 94,836 tonnes.

The low volume exported to Canada was reflective of the fact that there is a demand for similar manufacturing product, which US wholesalers and end-users were more willing to pay for than their Canadian counterparts.

TheMeatSite News Desk

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