Beef Exports Remain Strong

Beef exports continue to exceed 2016 levels as they have every month of 2017. The latest report shows August exports were 14.7 percent higher than the same period last year. This brings the January-August increase to 14.5 percent higher in 2017 than in 2016. The total amount of beef exported in August 2017 was the largest amount of any month since July 2013. Strong international demand for U.S. beef continues to be an important factor in the beef market.

Exports to the Japan were up almost 40 percent over August of last year. Also showing large increases were Vietnam (up 113 percent), Hong Kong (up 28 percent), and Canada (up 18 percent). Direct sales of beef to mainland China were 1.1 million pounds. This made it the 15th largest market for U.S. beef as the direct market there continues to evolve after the re-opening of trade.

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