Beef Exports’ Critical Role for Producers, Processors

Averaging more than $1 billion per month through September, U.S. beef exports are on pace for a record year, a fact that plays a critical role in the value of cattle for American ranchers. “Global beef demand is at the highest level on record in 2022,” CattleFax CEO Randy Blach told attendees at the U.S. Meat Export Federation Strategic Planning Conference in Oklahoma City. “Beef demand in total in the U.S. was down a little compared to 2020 and 2021, so it shows how important these export markets have been (for U.S. producers).”

Click here to read full note: https://www.drovers.com/news/beef-production/beef-exports-critical-role-producers-processors