Fueled by impressive growth in a wide range of destinations, U.S. beef and pork export value shattered previous records in May, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). Beef exports also reached a new volume high in May, while pork export volume was the third largest on record.
“The outstanding May performance is especially gratifying when you consider where red meat exports stood a year ago,” noted USMEF President and CEO Dan Halstrom. “The industry faced unprecedented, COVID-related obstacles at all levels of the supply chain, and a very uncertain international business climate. These challenges are still not behind us, but international demand has been very resilient and the U.S. industry has shown a tremendous commitment to serving its global customers.”
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Meat Export Federation Says Temporary Pork Tariff Cuts By Philippines Beneficial
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April 9, 2021
IARN The Philippine government has announced it will provide more market access for pork imports, which is good news for U.S. pork producers.
Securing better access to the Philippine market has been a top, long-term trade priority for the National Pork Producers Council as well as the U.S. Meat Export Federation. USMEF’s Joe Schuele says this latest announcement is an effort to combat rising pork prices and stabilize supplies.
“The Philippines, like some other Asian countries, has struggled over the past year and a half with African Swine Fever,” Schuele said. “It’s taken quite a toll on its domestic pork production. The Philippines has always been a fairly large importer of pork but was largely self-sufficient. It has a pretty substantial pork industry of its own. With African Swine Fever, their production has really been impacted. The estimates are that their production was down about 30 percent in 2020.”