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US Lamb Exports Slump

15 August 2016

US - US red meat exports ended the first half of 2016 on a positive note, as June export values for both pork and beef were the highest of the year, according to statistics released by USDA and compiled by the US Meat Export Federation (USMEF).

However, June lamb exports were the lowest of 2016 at 457 mt, down 58 per cent from a year ago, though this was due in large part to a sharp decline in variety meat exports to Mexico. June export value fell 39 per cent to $1.1 million.

For the first half of 2016, lamb exports were down 9 per cent from a year ago in volume (4,330 mt) and fell 13 per cent in value ($8.7 million). Exports to Bermuda continued to perform well in June.

TheSheepSite News Desk