Demand For U.S. Beef
The mission of the U.S. Meat Export Federation (USMEF), a contractor to the Beef Checkoff Program, continues to focus on enhancing the demand for U.S. beef in more than 80 export markets worldwide, which is ever more important considering projected world meat consumption.
For the beef industry, the projected growth internationally is 15 percent for the next 10 years, reports Jim Peterson, chairman of USMEF and a beef producer from Buffalo, Mont. “That equates to three-quarters of the beef currently produced in the United States.
“When you compare that to the projected domestic growth of 5 and 7 percent, that shows what tremendous opportunities are there for exports,” the USMEF chairman adds.