Meat exports to increase

Cattle Market & Farm Reports, Editorials
Mar 7, 2005
by WLJ
U.S. meat exports will increase markedly during the next 10 years, according to an article on The increase in U.S. meat exports will help the beef and chicken industries recover from disease-related market losses.
Improved global economic growth and rising demand for meats will contribute to the gains in U.S. exports. The gradual recovery in beef exports to markets such as Japan and South Korea is also critical to the projections. The predictions assume that Brazil and Argentina will not be recognized as free of hoof-and-mouth disease (HMD) by key meat-importing countries, such as Japan, the article said.
U.S. beef exports primarily reflect demand for high-quality fed beef, with most U.S. beef exports typically going to markets in the Pacific Rim. With the loss of those markets following a bovine spongiform encephalopathy case in the United States in late-December 2003, U.S. beef exports were sharply lower in 2004. However, U.S. beef exports are projected to rise slowly as the October 2004 beef trade framework agreement between the United States and Japan facilitates the resumption of beef trade between the two countries, the article said.
U.S. imports of processing beef from Australia and New Zealand are expected to decline as more, lower quality beef comes from domestic sources with the rebuilding of the U.S. cattle herd. The United States is now a net beef importer on a volume basis.
U.S. pork exports will benefit somewhat from reduced beef exports as import demand shifts among competing meats. Pacific Rim nations and Mexico remain key markets for long-term growth of U.S. pork exports, said. Canada continues to be a strong competitor in these markets. Brazil also is a major pork exporter. However, without nationwide HMD-free status, Brazil focuses its pork exports on Russia, Argentina, and Asian markets other than Japan and South Korea.
U.S. broiler export growth is expected to slow from the rate of the 1990s, the article said. U.S. poultry producers will face strong competition from other major broiler exporting countries, particularly Brazil. — WLJ