Trade data for the first two months of the year show US beef export demand remains strong with total shipments above last year and despite sharply higher prices in the US market, according to Drovers’ Cattle Network.
Last year was historic for United States beef exports in both volume and value terms, according to a report from the South Dakota University and released by Drovers Cattle Network.
The United States has recaptured its position as the world’s leading exporter of beef, outpacing Brazil and Australia, according to the latest statistics released by the US Department of Agriculture. Mexico a traditional market and Latin American countries proved to be among the most dynamic.
Brazil’s JBS SA, the world’s biggest beef producer, is betting on a rebound in U.S. meat sales as a weak dollar makes production in the country as competitive as in emerging markets.