US beef export value to China up 5% in July

This, despite a 3% decline in volume

US beef exports to China/Hong Kong achieved a year-over-year increase in value in July, according to data released by USDA and compiled by the US Meat Export Federation (USMEF).

Export value reached $162 million, up 5%, despite falling 3% in volume to 17,470 mt. 

Through July, exports to the region declined 11% from a year ago to 122,251 mt, while value fell 5% to $1.14 billion.