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Trade Data Through August 2018 Now Available

Tuesday, October 23, 2018

(North American Meat Institute)

The latest Trade and Market Statistics Report released by USDA and compiled by the Meat Institute presenting data through August 31, 2018, is now available . Beef and pork export volume and value were higher than a year ago. Beef export value increased 19 percent compared to 2017 levels, setting a new record, while pork export value rose three percent compared to the same period in 2017. Total beef export volume increased nine percent compared to 2017, while total pork export volume rose one percent over 2017 levels. U.S. beef exports to Taiwan rose 40 percent in value and 36 percent in volume compared to 2017, while beef exports to South Korea increased 39 percent in volume and 54 percent in value. In addition, U.S. pork exports to South Korea rose significantly compared to 2017 levels, increasing 43 percent in volume and 49 percent in value, respectively. U.S. pork exports to China have slowed as a result of retaliatory tariffs, declining 24 percent in volume and seven percent in value compared to 2017.

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