July exports of U.S. beef rebounded from recent lows but remained below 2019 levels, according to the U.S. Meat Export Federation. U.S. pork exports, which are on a record pace in 2020, were also down from a year ago in July but increased compared to June.
USMEF President and CEO Dan Halstrom says, “With production returning to near-normal levels, we definitely saw an improvement in beef exports.”
July beef exports totaled 107,298 metric tons, up 36 percent from June but still nine percent below last year. Export value was $647.8 million, the highest since March but down ten percent from a year ago.
July pork exports totaled 222,035 metric tons, down five percent from a year ago, while export value fell 12 percent to $548.3 million. For January through July, pork exports remained 20 percent ahead of last year’s record pace in volume at and 22 percent higher in value.
