US beef exports maintained a strong pace in April, surpassing USD 1 billion for the third time this year, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF).
Beef exports totaled 124,408 tons in April, 3% more than a year ago and the fifth largest number on record. Export value increased 33% to USD 1.05 billion – second only to the record reached in March – USD 1.07 billion.
Between January and April, beef exports increased 5% from a year ago to 478,260 tons, valued at USD 4.05 billion (up 38%).
“Even as beef exports climb to unprecedented levels in our largest Asian markets, demand is strengthening in other regions as well, fueled by a strong rebound in the foodservice sector,” said USMEF President and CEO Dan Halstrom.