Red Meat Exports Trend Higher in March; Beef Export Value Highest in Nine Months

Plant eligibility for China is less of an issue for U.S. pork than for U.S. beef, as China renewed most pork establishments in mid-March. But Halstrom cautioned that both pork and beef exports to China have since hit a wall due to China’s prohibitive duties, which now total 172% for U.S. pork and 147% for U.S. beef.