14
Feb
Despite Headwinds U.S. Beef Exports Hit Record in 2022
U.S. beef exports set annual records for both volume and value in 2022. While pork exports finished lower year-over-year, export value was still the third largest on record. What makes this even more impressive is the strong performance came in the face of many supply chain headwinds in the last year and COVID lockdowns in China.
U.S. beef exports totaled 3.54 billion pounds, up 3% from the previous year, with a value of $11.7 billion dollars, up $1.2 billion or 10% from 2021. That is nearly 40% above the previous five-year average.
Click here to read full note: https://www.agweb.com/markets/market-outlooks/despite-headwinds-us-beef-exports-hit-record-2022-pork-export-value-still
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