USMEF Leadership Shares Impact of Red Meat Exports on Corn and Soy at Commodity Classic
You may download the audio file here
In 2021, U.S. red meat exports accounted for $2.94 billion worth of corn consumption or 536.7 bushels , according to analysis by The Juday Group and U.S. Meat Export Federation (USMEF) of preliminary estimates of 2021. On the soy side, pork exports accounted for nearly 100 million bushels of consumption worth $1.3 billion.
USMEF Chairman-Elect Dean Meyer of Rock Rapids, Iowa, and other USMEF leadership were on hand at Commodity Classic in New Orleans last week to share the story of record 2021 red meat exports and the resulting impact on corn and soybeans.
In this USMEF Report, Meyer talks about those interactions with growers at Commodity Classic and the financial impact of exports on his own cattle operation.
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The U.S. Meat Export Federation (www.USMEF.org) is the trade association responsible for developing international markets for the U.S. red meat industry. It is funded by USDA; the beef, pork, lamb, corn and soybean checkoff programs, as well as its members representing nine industry sectors: beef/veal producing & feeding, pork producing & feeding, lamb producing & feeding, packing & processing, purveying & trading, oilseeds producing, feedgrains producing, farm organizations and supply & service organizations. USMEF complies with all equal opportunity, non-discrimination and affirmative action measures applicable to it by contract, government rule or regulation or as otherwise provided by law. USMEF is an equal opportunity employer and provider.