AGRIBUSINESS: February Meat Exports Challenged By Trade Barriers

According to statistics released by USDA and compiled by the U.S. Meat Export Federation, February continued the trend set at the end of 2012 for U.S. beef and pork exports, with higher values on lower volumes for beef and a continued slight decline for pork.

Compared with February of 2012 , the value of beef exports increased 5% to 430 million dollars despite a slight decline in volume. Pork exports slipped 5% in volume in February and 6% in value compared to a year ago.

USMEF President and CEO Philip Seng says the good news is that the long-awaited change in beef access to Japan came through in February. But he says trade barriers and other obstacles seem to be emerging at a rather alarming rate this year. According to Seng - sluggish economic conditions in certain markets also create a challenge. As some key markets struggle, he says growth in other regions has helped provide balance.

Filed in: Agribusiness


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