The U.S. Meat Export Federation reports that November exports of U.S. pork and beef reached their highest monthly volumes in more than two years. Pork exports exceeded 177-thousand tons valued at 443.4-million dollars. That's an increases of 5 percent in volume and 15 percent in value over November 2009. At the same time, Beef export value was 389.5-million dollars, an increase of nearly 50 percent over November 2009. By volume beef exports exceeded the year-ago level by 32 percent
For the first 11 months of 2010, pork exports were up 2 percent in volume and 10 percent in value. The cumulative value total is just 4 percent below the all-time record pace set in the first 11 months of 2008. For the year, exports accounted for 23.6 percent of production with a per-head value equivalent of $43.61.
For the first 11 months of 2010, beef exports were 18 percent above 2009 in terms of volume and 30 percent higher by value. The value total is about 1 percent ahead of the 2003 pace when beef exports went on to set a single-year record. Exports accounted for 11.6 percent of production with a per-head value equivalent of $150.36.
USMEF President and CEO Philip Seng says - November was clearly one of the best months on record for U.S. meat exports. With economies improving throughout the world, U.S. pork and beef are well-positioned for strong growth. Seng pointed out, - we worked through some very difficult economic circumstances in 2009, but we're now seeing those persistent marketing efforts pay big dividends as exports are adding more and more value to every animal produced. |