2018 Was One for the Record Books When it Comes to Beef

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Cattle herd. ( Sara Brown )

We are finally getting to see 2018 total beef and pork export numbers. The numbers were delayed due to the partial government shutdown.  The U.S. Meat Export Federation reports beef exports shattered the previous record, hitting a new high for volume.  Exports reached 1.35 mmt.  That's up 7% from 2017, to a record $8.33 billion dollars.  The average price was $323.14 per head. USMEF says the numbers were fueled by demand in South Korea, Japan, and Taiwan.

As for pork, exports reached 2.44 mmt.  That just 0.5% below the 2017 record.  Pork export value was $6.39 billion.  That's down 1%.  It equates to about $51.37 per head.

You can read the full report here.

Related articles:

Solid Year for U.S. Pork Exports; Second-Half Pressured By Tariffs

2018 Beef Exports Record-Large; Up 7% from 2017