Exports under pressure

 

By Erica Shaffer, Meat+Poultry

05.11.2022

 

Exports of US pork and beef are forecast to decline in 2022, the US Department of Agriculture (USDA) said in its Livestock and Poultry Outlook report. Shayle Shagam, livestock analyst for the World Agricultural Outlook Board at USDA, presented the data and Erin Borror, an economist at the US Meat Export Federation (USMEF), provided context of supply chain disruptions during USDA’s Agricultural Outlook Forum held

Feb. 24-25.

 

USMEF’s Borror said that sustaining the momentum of record exports generated in 2021 will be challenging because “we have record red meat exports…incredibly strong demand, and at the same time, some incredible challenges on the logistical side,” that have only intensified in 2022.

 

“2021 was really an incredible year, especially given all of the challenges,” Borror said. “We saw red meat exports of $18.7 billion, and that was a $3.3 billion or 22% increase over 2020, and that included the pork export record on a value basis of $8.1 billion, and for beef at $10.6 billion, and for beef, that was a more than $2 billion increase over the $8.3 billion record set back in 2018. So, incredible demand and, again, incredible given all the challenges that were overcome.”

 

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https://www.meatpoultry.com/articles/26601-exports-under-pressure