US beef export value up 13% in November - USMEF
January-November exports account for 13.8% of total productionUS beef export value equated to $428.70 per head of fed slaughter in November, up 13% from a year ago and the highest since June, according to data released by USDA and compiled by the US Meat Export Federation (USMEF).
This pushed the January-November average to $412.58, up 5%.
Exports accounted for 14.4% of total November beef production and 11.8% of muscle cuts, up substantially from the year-ago ratios of 12.7% and 10.4%, respectively.
January-November exports accounted for 13.8% of total production and 11.5% of muscle cuts, down slightly from 13.9% and 11.7%, respectively, during the same period in 2023.