US beef exports to South Korea trend lower - USMEF
Volume lower, but value higher
24 May 2024
1 minute read
By: Beef exports to leading market South Korea continue to trend lower than a year ago in volume but still achieve higher value, according to data released by USDA and compiled by the US Meat Export Federation (USMEF).
March exports to Korea totaled 22,105 mt, down 14% year-over-year, but value increased 5% to $211.2 million – the highest since December.
First quarter exports to Korea were down 8% to 58,968 mt, while value increased 10% to $553.9 million.
For chilled beef, exports were down 4% to 17,550 mt while frozen volume fell nearly 10% to 38,497 mt.
