The president and CEO of the U.S. Meat Export Federation says beef and pork exports continue to bring significant returns to corn and soybean farmers.
Dan Halstrom was in Indiana this week to provide an update on red meat exports to leaders from Indiana Soybean Alliance, Indiana Corn Marketing Council, and other state ag groups.
“There is a lot of collaboration between Indiana agriculture and USMEF globally. We’re interested in meat exports and the largest customers of Indiana soybeans and corn is the livestock industry so we gave an update on where we’re at globally on the trendline,” he says. “On the beef side, we had a record in 2022. There was broad-based growth across a lot of markets, including places like China, Southeast Asia, and Korea. On the pork side, we were down a little bit last year mainly because of China, but 2022 was still the third largest export year ever. Leading the way has been Latin America led by Mexico, Korea, and Southeast Asia on the pork side. We’re off to a very good start for pork for 2023. Through the first two months we’re up about 8-9 percent and things are looking good going forward as well on the pork export front.”
Central Indiana Farmer Mark Legan, an Indiana Soybean Alliance board director, raises hogs, corn, and soybeans and says red meat export growth is critical to his operation.
Source: brownfieldagnews.com
Photo Credit: vecteezy-bergamont
Categories: Indiana, Business