These little piggies went to market — international markets, that is, and in record numbers. Despite challenging issues, such as the struggling global economy and trade barriers, U.S. poultry and livestock farmers enjoyed a record year for meat exports, which helps keep domestic demand for U.S. soy strong.
U.S. poultry, egg and pork shipments exceeded previous highs for value and volume set in 2011. International beef sales dipped slightly in volume but broke the previous value record.
Growing U.S. meat and poultry exports reinforce demand for U.S. soy since soy meal constitutes a significant portion of animal feeds. Domestic animal agriculture uses about 98% of the domestic supply of U.S. soy meal, making it the U.S. soy industry’s No. 1 customer.
“Exporting meat and poultry is a big issue for U.S. soybean farmers,” said John Butler, a farmer-leader from Dyersburg, Tenn. “If we can feed animals soybeans here and sell them abroad, we’re creating a value-added product.… Continue readingRead More »