Blog Post

Beef trade upporting Cattle and Beef Markets

The latest beef trade data shows June exports were up 15.2 percent year over year while beef imports were down 15.3 percent from last year. Strong exports are helping to offset domestic beef demand struggles while beef imports decreased in the face of increased domestic cow slaughter and lean beef production.

In the first half of 2022, beef exports were 7.9 percent above the record 2021 pace. South Korea is the largest beef export market in the January – June period, up 4.0 percent year over year and with a 23.3 percent…

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