Red Meat Exports for 2020
More export numbers are slowly trickling in. Last week, the USDA released Red Meat Exports for January - November 2020. Even through the struggles of 2020 and processing facilities closing down during the pandemic, export numbers are up slightly from last year.
Here is Bart Kenner, USDA economist, with the breakdown of the export numbers:
"Meat products exports for the calendar year 2020 through November are $14.6 billion that's up 3% $14.2billino in 2019 for the same period. November exports for 2020 were also up 3% from $1.4 billion to $1.5 billion in 2020."
Going all the way back to 2018, the United States Beef exports, are third, behind Brazil and Australia. In that time span, Brazil beef exports have risen 11%, Australia has fallen 5%, and the United States has fallen 9% since 2018.
Some of the largest sectors importing US meats were China, South Korea, and Europe. China has seen a dramatic impact of meat due to several disease outbreaks in livestock.
Due to a limited supply of beef, Australian beef has been down this year, allowing US meat to capitalize in several regions.