Record Nov. Beef Exports

November exports of U.S. beef reached their highest monthly volumes in more than two years, according to results compiled by the U.S. Meat Export Federation (USMEF), contractor to the Beef Checkoff Program.

Beef export value in November was $389.5 million, an increase of nearly 50 percent over November 2009. By volume, beef exports exceeded the year-ago level by 32 percent. For the first 11 months of 2010, exports were 18 percent above 2009 in terms of volume and 30 percent higher by value ($3.67 billion). The value total is about 1 percent ahead of the 2003 pace when beef exports went on to set a single-year record of $3.86 billion. Exports accounted for 11.6 percent of production with a per-head value equivalent of $150.36 ($178. 20 in November) - up dramatically from the 2009 totals of 9.8 percent and $117.80.

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