Tuesday, July 9, 2013

Good news in cattle country: Beef exports up

Exports of U.S. beef moved 3 percent higher in volume in May, and a healthy 9 percent in value, while pork exports dipped 3 percent in volume and 3.6 percent in value, according to the U.S. Meat Export Federation's latest report. The inability of the United States to ship beef and pork to Russia continues to put a damper on U.S. red meat exports this year, according to the organization. Excluding Russia, beef export volume for May increased 12 percent and export volume for the first five months of 2013 rose 3.5 percent instead of falling 3 percent. Each month, the USMEF compiles export statistics released by the USDA.

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