US beef export value climbs in June - USMEF
Shipments to Taiwan and Canada were outstanding in June
13 August 2024
1 minute read
By: June exports of US beef reached the highest value in nearly two years, according to data released by USDA and compiled by the US Meat Export Federation (USMEF).
Beef exports totalled 110,155 metric tons (mt) in June, down 4% from a year ago but the second largest of 2024. Export value reached $938.3 million, up 3% year-over-year and the highest since August 2022. Through the first half of the year, beef export value climbed 5% from a year ago to $5.22 billion, despite a 4% decline in volume (643,733 mt).
“June beef exports performed very well in Japan, which was great to see given the significant headwinds U.S. beef has faced there this year,” said USMEF president and CEO Dan Halstrom. “Export value also rebounded nicely in Korea and shipments to Taiwan and Canada were outstanding. This made for another strong month in terms of export value per head slaughtered, which was nearly $460 in June.”
