Blog Post

Competitor watch: US beef exports starting to slow, as drought effect grows

Beef exports from the United States totalled just over 99,000 tonnes in November, down 14 percent from a year earlier and the second lowest volume month of the year, US Meat Exporters Federation reported this week.

For the first 11 months of the 2023 year, US beef exports were 13pc below the record pace of 2022 at 1.18 million tonnes, as production volume in the US begins to slow in the face of severe drought during 2022-23.

Beef exports increased year-over-year to Mexico, Central America, the Dominican Republic and Hong Kong, but trended significantly lower to the major markets of South…

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