November beef exports climb by 10% - USMEF
Beef export value climbs 11% to $872.7 million
10 January 2025
1 minute read
By: November exports of US red meat posted year-over-year gains across all categories, according to data released by USDA and compiled by the US Meat Export Federation (USMEF). US beef and lamb shipments increased substantially from November 2023.
November beef exports increased 10% year-over-year to 109,288 mt, while value climbed 11% to $872.7 million. For January through November, exports increased 5% in value ($9.56 billion) from the same period in 2023, despite a 1% decline in volume (1.18 million mt).
“Despite continued economic headwinds in Asia, demand for U.S. beef strengthened in South Korea, China and Taiwan, and exports were fairly steady to Japan,” said USMEF president and CEO Dan Halstrom “The strong performance in Mexico and outstanding demand for variety meat in Egypt were also critical for bolstering carcass value.”
