U.S. red meat exports strong, with beef exports surging

U.S. red meat exports for November were solid with beef sales setting a new value record with one month remaining in the year and pork exports posting their strongest month of 2013, according to news statistics released by the U.S. Department of Agriculture (USDA) and compiled by the U.S. Meat Export Federation (USMEF).

Driven by sustained export growth to Japan and Hong Kong and the continued rebound of the Mexican market, U.S. beef exports surged 11 percent in volume and 16 percent in value compared to November 2012, putting 11-month totals at nearly 1.1 million metric tons, up 3 percent from the previous year. Export value reached $5.61 billion, an 11 percent increase over last year’s pace and...

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