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1、EconomicResearchService
2、SituationandOutlookReportLDP-M-309
3、March16,2020NextreleaseisApril15,2020Livestock,Dairy,andPoultryOutlookMexicoWastheMostImportantDestinationforSeveralU.S.MeatProteinExportsin2019WilliamHahnAsignificantproportionofmajorU.S.mea
4、tproteinproductionwasexportedin2019.Themostimportantmeatexportvolumeslastyearwereall-chicken(broilerandother)meat,thelargestat7.2billionpounds,followedbyporkat6.3billionpounds,beefat3billionpounds,andturkeymeatwith639millionpounds.Intermsofshareofpro
5、ductionexported,porkwasbyfarthelargestlastyear:22.9percentofcommercialporkproductionwasexportedin2019.All-chickencameinsecond,withexportsaccountingfor16.2percentofproduction.Forbothbeefandturkeylastyear,about11percentofproductionwasexported.In2019Mex
6、icowasthelargestforeigndestinationforU.S-exportedall-chicken,pork,andturkey,andthethird-largestforbeef.ThetoptwoU.S.beefexportdestinationsin2019wereJapanandSouthKorea.Mexico's2018/19shareofU.S.exportsofmajormeatproteins%20182019706562.361605550454035
7、30.13024.72520.921.62014.214151050BeefPorkAll-chickenTurkey*All-chickenisthesumofbroilerandotherchickenexportdata.Source:USDA,EconomicResearchService.ApprovedbyUSDA’sWorldAgriculturalOutlookBoardBeef/Cattle:Beefproductionin2020wasraisedonafasterpaceo
8、ffedcattleslaughterandheavierdressedweights.Cattlepriceswerereducedonpriceweaknessandhigherproduction.Pricesforfedsteersinthe5-Areamarketingregionareexpectedtoaverage6percentbelowayearagointhefirstquarter.Thebeefimportforecastwasraisedonhigherexpecte
9、dimportsofprocessing-gradebeef,whilebeefexportswerereducedonweakerdemandoverseas.Dairy:Basedonrecentmilkproductiondata,the2020forecasthasbeenraised.Thedairyexportforecastonaskim-solidsmilk-equivalentbasishasbeenincreasedduetorobustexportsinJanuary,im
10、provedaccesstoChina’smarkets,andtheimpactofdroughtonNewZealand’sdairysector.However,withpotentialeffectsofcoronavirus(COVID-19),expectationsforhigherdairyexportforecastshavebeentempered.Basedonrecentweakeningofdairyproductprices,higherexpectedmilkpro
