China Meat Appetite Means Massive U.S. Exports, AgriTrends Says
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U.S. exporters will continue to see “massive demand” for meat overseas, especially from China, the world’s biggest pork consumer, according to Brett Stuart, the co-founder of farm-industry researcher Global AgriTrends.
U.S. pork exports may climb 2.7 percent this year, beef exports may rise 10.8 percent, and broilers will increase 2.4 percent, Stuart said today during a conference call organized by AgStar Financial Services Inc., a livestock industry lender in Mankato, Minnesota. In 2011, U.S. meat and poultry exports rose $3.24 billion from a year earlier to $16 billion, he said.