Beef and Pork Exports
While beef and pork exports are still happening at a good clip, no surprise due to the Covid 19 pandemic, projections are falling.
Mark Jekanowski, USDA Outlook Chairman
Jekanowski: “ This month we actually pulled back our forecast, for beef and pork. Pulled them back quite a bit. Beef exports we’re anticipating for 2020 just under 2.9 billion pounds Beef exports are projected to be Down about 9 percent from the pre pandemic projections. That’s just below last year’s export numbers. Pork exports, we’re looking at about 7.1 billion pounds and we pulled that back this month by 327 million.”
The USDA News says pork exports, even with the lower projected numbers, are still higher than last year. And for next year?
Jekanowski: “With hopefully a return toward more normal conditions we have our export forecasts going up. “
The forecast for 2021 is an 8.5 % increase expected for beef and about 2% rise in exports for pork.
The Colorado Cattlemens’ Association is hoping for a quick return to normal. The CCA is opening up its registration and planning for an in-person annual convention in late July. The three-day event will allow producers to network, hear from knowledgeable speakers, get some social media training. There’s also a cattle and beef pricing complex listening session planned. And the CCA says an opportunity to reconnect as an industry.
We’ll take a closer look at how Colorado beef producers faring as the state reopens in another report.