Beef Highlights:

September 2023:
Beef: 76,418 mt, -18%; $705 million, -12%
BVM: 22,339 mt, -4.5%; $91 million, -11%
Beef + BVM: 98,757 mt, -15%; $795 million, -12%

January – September 2023:
Beef: 767,750 mt, -14%, $6.651 billion, -19%
BVM: 212,350 mt, -6%; $835 million, -12%
Beef + BVM: 980,100 mt, -13%; $7.486 billion, -18%

September beef muscle cut exports totaled 76,418 mt, down 18% or -16,789 mt from last year.

September beef variety meat exports totaled 22,339 mt, down 4.5% or -1,051 mt from last year.

January – September beef muscle cut + beef variety meat exports totaled 980,100 mt, down 13% or -141,856 mt from last year. Exports were higher to Mexico (+20,510 mt), Africa (+6,080 mt), EU27 + UK (+910 mt), and Canada (+710 mt). Exports were lower to Japan (-51,170 mt), China/HK (-39,610 mt), Korea (-33,730 mt), ASEAN (-18,310 mt), Middle East (-18,170 mt), South America (-3,980 mt), Taiwan (-3,610 mt), Caribbean + DR (-1,450 mt), and Central America (-140 mt).

September 2023 beef exports accounted for 11.1% of production and 13.4% when adding variety meats, compared to 12.2% and 14.2% in September 2022. January – September 2023 beef exports accounted for 11.9% of production and 14.2% when adding variety meats, compared to 13.2% and 15.4% for January – September 2022.

September 2023 beef export value per head of fed slaughter averaged $398.73/head, down 2% or -$7.38/head from $406.11/head in September 2022.  January – September 2023 beef export value per head of fed slaughter averaged $396.03/head, down 15% or -$68.40/head from $464.43/head for January – September 2022.

Source: USMEF