August 12, 2016
The first half of the year ended positively for US pork and beef exporters, as June export values for both pork and beef were the highest recorded during the period, hitting $505.4 million and $545.4 million, respectively, the US Meat Export Federation (USMEF) said.
The pork export value was up 11% compared with the same month last year, although that for beef was down 5%.
According to statistics compiled by USMEF, the volume of pork exports in June reached 187,939 tonnes from last year. For the first six months, volume was up 2% to 1.1 million tonnes, but value was down 4% to $2.77 billion.
Beef export volume in June increased 2% from the same month last year to 98,920 tonnes. First-half export volume was up 3% to 541,547 tonnes, while value fell 10% to $2.91 billion.
Exports accounted for 26% of total pork production in June and 25% for January through June, up slightly from last year. In the case of beef, exports accounted for 13% of total production in June (down about 1 percentage point from last year), and for January-June, also 13%.