Beef Producer
In the latest livestock trade data, August beef exports were up 21.3 percent year over year with year-to-date total beef exports also up 21.0 percent from 2020. Beef exports in the month of August were an all-time record for any month. Beef exports continue to be fueled mostly by the strong growth in the China/HK market, up 160.5 percent year over year in August. Monthly exports for August were also higher year over year to Japan, up 10.4 percent and Mexico, up 49.1 percent over last year’s sharp drop. August beef exports were down to South Korea, 9.0 percent; Canada, down 6.4 percent and Taiwan, down 12.7 percent.