August was another outstanding month for U.S. pork and beef exports, according to statistics released by USDA and compiled by the U.S. Meat Export Federation. Beef exports set an all-time monthly value record at $514.2 million on a strong volume of 116,405 metric tons. Pork exports reached their highest monthly volume of the year at 186,068 metric tons, and the second-highest value total of all time at $531.2 million. Both pork and beef exports are on pace to set new value records in 2011 and to eclipse the $5 billion mark for the first time ever.
The Middle East continued to shine as a region of tremendous growth for U.S. beef, with totals through August running 37 higher than last year in volume (113,229 metric tons) and 46 percent higher in value ($220.7 million). Egypt was the mainstay market in the region but growth was also strong in the United Arab Emirates, Saudi Arabia, Kuwait and Qatar – markets aggressively targeted this year by USMEF.
Source: Meat Trade News Daily
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