Key Asian markets and Mexico fuel strong month for US beef exports

Mexican Beef - September 24, 2024

Following a solid June performance, July beef exports to Japan reached 22,031 mt, up 14% from a year ago, while export value climbed 16% to $175 million, according to data released by USDA and compiled by the US Meat Export Federation(USMEF). These results pushed January-July exports even with last year’s pace at 149,051 mt, while export value increased 7% to $1.15 billion. Although Japan’s economy continues to struggle, surging tourism has been a bright spot and has bolstered demand for US beef in the foodservice and hospitality sectors.

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