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Rising US beef exports exploit Hong Kong, Mexico and Japan sales
US BEEF exports increased five per cent in September year on year while pork exports fell nine per cent due to restrictions to Russia and a competitive market in Japan, according to the US Meat Export Federation.
During September, Hong Kong lead the beef exports with a year-on-year increase of 102 per cent, followed by Mexico, up 65 per cent and Japan which increased 37 per cent, totalling a one per cent increase year to date, up by 94,698 tons.
US beef export value increased 10 per cent year to date and for the month of September increased by 14 per cent year on year to US$505 million.
"On the beef side, the industry aggressively pursued the opportunities available for US product when market access was expanded in Japan and Hong Kong, and we are seeing exciting growth in both those markets," said federation CEO Philip Seng.
Japan remains the number one customer for US beef in 2013 up 52 per cent by volume and 35 per cent by value. Its overall total volume of US beef exports stood at 21.3 per cent and 24.2 per cent by value. Mexico was the second top export market followed by Canada.
China's restriction on US and Brazilian cattle exports due to mad cow disease has led Australia to become its fourth largest beef and goat meat exporter.
China began restricting US beef from December 2003 following an outbreak of cattle diseases bovine spongiform and encephalopathy.
US port exports struggled on the global market due to access restrictions to Russia and a "very competitive" market in Japan. It was able to arrest the decline in volume of nine per cent and value by five per cent. It reached a total monthly volume of 166,650 tonnes valued at $478.7 million supported by China and Hong Kong regional sales.
Mexico remains the number one customer for US pork by volume at one per cent increase to 446,827 tonnes valued at $849.8 million. Japan is its top customer by value at US$1.4 billion but it showed a six per cent decline year over year while its volume also dropped by eight per cent to 317,710 tonnes.
During September, Hong Kong lead the beef exports with a year-on-year increase of 102 per cent, followed by Mexico, up 65 per cent and Japan which increased 37 per cent, totalling a one per cent increase year to date, up by 94,698 tons.
US beef export value increased 10 per cent year to date and for the month of September increased by 14 per cent year on year to US$505 million.
"On the beef side, the industry aggressively pursued the opportunities available for US product when market access was expanded in Japan and Hong Kong, and we are seeing exciting growth in both those markets," said federation CEO Philip Seng.
Japan remains the number one customer for US beef in 2013 up 52 per cent by volume and 35 per cent by value. Its overall total volume of US beef exports stood at 21.3 per cent and 24.2 per cent by value. Mexico was the second top export market followed by Canada.
China's restriction on US and Brazilian cattle exports due to mad cow disease has led Australia to become its fourth largest beef and goat meat exporter.
China began restricting US beef from December 2003 following an outbreak of cattle diseases bovine spongiform and encephalopathy.
US port exports struggled on the global market due to access restrictions to Russia and a "very competitive" market in Japan. It was able to arrest the decline in volume of nine per cent and value by five per cent. It reached a total monthly volume of 166,650 tonnes valued at $478.7 million supported by China and Hong Kong regional sales.
Mexico remains the number one customer for US pork by volume at one per cent increase to 446,827 tonnes valued at $849.8 million. Japan is its top customer by value at US$1.4 billion but it showed a six per cent decline year over year while its volume also dropped by eight per cent to 317,710 tonnes.
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