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U.S. meat export value moved lower as prices decline

Staff writer |
The U.S. Meat Export Federation reports February meat exports were sluggish. While pork and beef exports were roughly steady with last year’s volumes, export value moved lower as prices continued to decline from the 2014 highs.

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USMEF says the price reductions reflect more abundant red meat supplies and a fiercely competitive international marketplace.

Pork export volume was 171,413 metric tons in February, down one percent from a year ago, while value fell 12 percent to $414.3 million.

February beef exports totaled 83,203 metric tons, up slightly from last year, while value dropped 18 percent to $437 million.

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