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US beef exports fall 10% in April on China trade hurdles - USMEF
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The Cattle Site
China’s retaliatory duties are a major headwind for both US beef and pork, while beef exporters face an additional obstacle.
April beef exports totalled 100,659 metric tons (mt), down 10% from a year ago, while value fell 8% to $824.5 million.
Exports to China declined nearly 70% and shipments also trended lower to Mexico, Taiwan and the Middle East.
For January through April, beef exports were 3% below last year’s pace at 411,027 mt.
“We expected beef shipments to China to hit a wall in April, due to the one-two punch of higher tariffs and expired plant registrations,” said USMEF president and CEO Dan Halstrom.
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