The June meat export totals were released by USDA today, with pork, broilers and beef all showing a drop from May and big drops from the 2020 high point in March.
Only pork was up year-over-year, mostly on large volumes shipped to China. In June, China accounted for a third of all exports, but even that was down from May at 40 percent and April at 36 percent.
Meanwhile, beef and pork exports were up in May and June above the 12-month average reflecting the disruption to packing in the U.S. Most of the increase in chilled beef is coming from Mexico, while U.S. exports there are down based on that country’s sluggish economy.
Even before COVID in Q1 2020, the growth of U.S. exports was driven by a 23 percent jump in offal...
What You Need to Know Today: Crude oil prices extended their rally today, supported by several developments, including escalating Houthi attacks on Saudi Arabian oil infrastructure and growing concerns about supply disruptions. The Trump administration is reportedly preparing to remove 50 perc...
Key Takeaways: The agricultural trade surplus has become a sizable deficit: the balance swung from a $40.1 billion surplus in 2011 to a $40.7 billion deficit in 2025. Imports kept growing while exports lost momentum: between 2020 and 2025, agricultural imports increased 45 percent, compa...
USDA released its October Cattle on Feed report Friday, showing 11.4 million cattle in feedlots with capacity for 1,000 head or more, slightly below last year. September placements were the lowest for the month since records began in 1996, marking the third consecutive month of placements sett...
Total Red Meat & Poultry September 2026 total red meat and poultry stocks totaled 1.97 billion pounds, down 1.4 percent from August despite typically increasing 0.8 percent during the month, and were 1.5 percent below September 2025 levels. The decline pushed total inventories to a new five...
