U.S. beef exports posted one of the best months on record in November, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). November was also a strong month for pork exports, which already surpassed the full-year volume and value records set in 2019.
“Demand for U.S. beef in the global retail sector has been outstanding and we expect this to continue in 2021,” said Dan Halstrom, USMEF president and CEO. “Unfortunately, foodservice continues to face COVID-related challenges. We expect a broader foodservice recovery this year, especially from mid-2021, but will likely still see interruptions in some markets. For U.S. pork, it’s great to set new records with an entire month to spare, but especially gratifying to see a diverse range of markets contributing to U.S. export growth. USMEF still expects strong pork demand from China in 2021, but we’re seeing a much-needed rebound in other regions, especially in Western Hemisphere markets.”… Continue readingRead More »