U.S. meat product exports in 1996 are expected to surpass the record levels attained in 1995. Last year total U.S. exports of beef, pork, poultry, variety meats, tallow and grease, and hides and skins exceeded $8.3 billion. This was up 24 percent from 1994 and more than 71 percent greater than the level of 1991. U.S. exports for the first 7 months of 1996, at nearly $5.0 billion, are 6 percent greater than the previous year's corresponding period. And leading the pack in growth are pork and poultry. U.S. pork exports are 40 percent ahead of last year and poultry exports are up 23 percent. The BSE scare in the United Kingdom and E. coli outbreaks in Japan have, in part, spurred the growing popularity of white meat. Partially offsetting this impressive growth in U.S. exports was an 19-percent drop in the value of bovine hides and skins exports and a 24-percent drop in tallow and grease exports.
The highlights of 1996 to date are:
The future for U.S. exporters of meat products looks good again for 1996. Lower U.S. beef prices and a growing preference for U.S. chilled beef are contributing to the popularity of U.S. beef. This phenomenon is most evident in Japan where the United States continued to pull market share away from its competitor, Australia, to become the leading beef supplier to Japan in 1996. The increased availability and consistent quality of U.S. pork has propelled the United States into one of the world's largest pork exporters. And at the current rate of growth, the value of U.S. pork exports in 1996 could concievably exceed $1.0 billion. For variety meats and poultry, the United States is already the largest exporter of both meats, and strong foreign demand should continue to push them higher. For tallow, the emergence of new markets should produce strong sales in 1996, but exceeding 1995's level, in light of competitive palm oil prices, may be hard to accomplish. U.S. exporters of hides and skins--suffering from depressed cattle-hide prices--may also find it difficult to move beyond 1995's sales level. Although the U.S. meat and animal product industries have witnessed ups and downs this year, the aggregate export picture looks bright. If the positive trends continue, U.S. animal product exports may well exceed $9.0 billion in 1996.
|million $||1991||1992||1993||1994||1995||1996 1/|
|Tallow and Grease||365||449||433||503||710||338|
|Hides and Skins||1,158||1,145||1,080||1,266||1,444||715|
1/ January - July
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Last modified:Friday, 22-Nov-1996