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Beef and Pork Imports -Up, Up, Up!

Mike

Well-known member
International Meat Review: Pork & Beef Imports Increase



The USDA Foreign Agricultural Service (FAS) recently publish U.S. red meat export and import trade statistics for March 2006. According to the figures, U.S. exports of beef and veal cuts and beef variety meats during March totaled 47,228 MT. This was 20.8 percent higher than the previous month and was 48.5 percent higher than March 2005. Specifically, exports of fresh, chilled product equaled 19,614 MT, up 23.6 percent over February.



Likewise, exports of frozen product increased 118.5 percent over February to 4,396 MT. During March, the U.S. exported 21,410 MT of beef variety meats. This was up 10.3 percent over the previous month and was up 19.1 percent over March 2005. Through the first quarter of 2006, U.S. beef variety meat exports were 11.2 percent more than the same period a year ago, amounting to 62,804 MT. The largest variety meat export market was Mexico with 33,538 MT, 53.4 percent of the total. During March, U.S. beef exports to Mexico rose 31.9 percent over February to 29,255 MT. Year-to-date exports to Mexico, the primary beef export market with 59.9 percent, reached 80,561 MT, 42.3 percent greater than last year. During March, the U.S. exported 5,200 MT of beef to Canada, which was 8.5 percent less than the previous month. Nonetheless, year-to-date beef exports to Canada were 81.7 percent above a year ago, totaling 16,678 MT. First quarter beef exports to Egypt equaled 14,037 MT, compared to just 49 MT a year ago.



Overall, during the first quarter of 2006, U.S. beef and veal and beef variety meat exports totaled 134,430 MT, 37.3 percent higher than a year ago as exports continue to recover from the downfall after the discovery of bovine spongiform encephalopathy (BSE) in the U.S. in December 2003.



During March, the U.S. exported 113,254 MT of pork cuts and pork variety meats. This was 11.4 percent more than February and was 21.1 percent more than March 2005. Specifically, fresh, chilled pork exports totaled 39,453 MT, up 3.9 percent over the previous month. Frozen pork exports totaled 47,073 MT, 24.6 percent higher than the previous month. U.S. pork variety meat exports during March equaled 16,718 MT, which was up 1.5 percent over the previous month. During the first quarter of 2006, U.S. pork variety meat exports reached 49,587 MT, 29.3 percent greater than the same period a year ago. Mexico was the main variety meat export market with 51.4 percent of the total, or 25,490 MT.



During March, the U.S. exported 28,530 MT of pork to Mexico, which was down 1.5 percent from February. Nonetheless, year-to-date pork exports to Mexico were 33.8 percent higher than a year ago, amounting to 89,087 MT, placing Mexico as the top U.S. pork export market with 28.7 percent of the total. U.S. pork exports to Japan during March rose 22.7 percent over the previous month to 30,577 MT. First quarter pork exports to Japan totaled 80,429 MT, 9.0 percent below a year ago. Pork exports to Canada increased 14.4 percent over the previous month to 12,085 MT. Year-to-date pork exports to Canada were 13.1 percent greater than last year, amounting to 33,154 MT. Pork exports to South Korea equaled 11,769 MT during March, which was up 3.1 percent over February. Year-todate pork exports to South Korea totaled 32,324 MT, 66.9 percent more than a year ago. Overall, U.S. total pork exports during the first quarter of 2006 surged 22.7 percent greater than a year ago, reaching 310,644 MT.



During March, the U.S. imported 100,116 MT of beef and veal. Although this was 26.9 percent higher than the previous month, it was 7.0 percent lower than March 2005. More specifically, fresh, chilled beef imports totaled 32,117 MT. This was up 18.4 percent over the previous month but was down 14.4 percent from March 2005. Likewise, frozen beef imports were up 35.7 percent over the previous month but were down 2.6 percent from March 2005, amounting to 58,410 MT. Beef imports from Canada during March equaled 27,287 MT.



Although this was 13.9 percent more than February, it was 21.4 percent less than March 2005. During the first quarter of 2006, the U.S. imported 74,698 MT of beef from Canada. This was 15.8 percent less than 2005. Nonetheless, Canada was the largest source of beef imports in the U.S. with 27.4 percent of the total. During March, beef imports from Australia rose 149.5 percent over the previous month to 29,023 MT. Also, this was 27.3 percent higher than March 2005. U.S. year-to-date Australian beef imports reached 64,219 MT, 72.2 percent greater than a year ago. U.S. beef imports from New Zealand equaled 19,239 MT, which was up 8.8 percent over February but was down 17.8 percent from March 2005. During the first quarter, imports from New Zealand were 6.5 percent less than last year, amounting to 55,016 MT. During March, the U.S. imported 11,623 MT of beef from Uruguay. This was 16.0 percent lower than the previous month and was 14.5 percent lower than March 2005. Year-to-date imports from Uruguay equaled 41,416 MT, 11.4 percent below last year.



Overall, U.S. beef and veal imports during the first quarter of 2006 totaled 272,681 MT, which was up 1.6 percent over the same period a year ago. U.S. pork imports during March rose 21.3 percent over the previous month and 14.9 percent over March 2005 to 40,967 MT. Specifically, fresh, chilled pork imports totaled 23,084 MT, which was up 19.1 percent over the previous month and 19.3 percent over March 2005. Similarly, frozen pork imports increased 37.4 percent over the previous month and 143.3 percent over March 2005 to 10,398 MT. U.S. pork imports from Canada during March equaled 32,198 MT. This was 18.0 percent higher than February and was 13.6 percent higher than March 2005. Year-to-date imports from Canada were 4.2 percent more than a year ago, amounting to 90,029 MT. Canada was the main supplier of pork to the U.S. with 80.3 percent of the total imports. During March, pork imports from Denmark rose 40.6 percent over the previous month to 5,868 MT. Also, this was 33.1 percent higher than March 2005. Total year-to-date pork imports from Denmark were up 11.0 percent over last year, equaling 13,968 MT. Overall, during the first quarter of 2006, U.S. pork imports reached 112,052 MT, 5.8 percent above the corresponding period a year ago.
 

TimH

Well-known member
During March, the U.S. exported 5,200 MT of beef to Canada, which was 8.5 percent less than the previous month. Nonetheless, year-to-date beef exports to Canada were 81.7 percent above a year ago,

Pork exports to Canada increased 14.4 percent over the previous month to 12,085 MT. Year-to-date pork exports to Canada were 13.1 percent greater than last year, amounting to 33,154 MT.

SHIRT-TAILING at it's finest!!!!

:lol: :lol: :lol: LONG LIVE R-CALF!!! :lol: :lol: :lol: :lol: :lol: :lol:
 

PORKER

Well-known member
Smithfield Foods has delivered a 25 percent average annual compounded rate of return to investors since 1975. With sales of $11 billion, Smithfield is the leading processor and marketer of fresh pork and processed meats in the United States, as well as the largest producer of hogs.

SOOOOoooo those investors do love those ranchers and farmers that build their bank accounts.How long can this happen to the food producer?Yup ,when Farmers and ranchers wake UP.
 
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