Exports as a share of red meat and poultry production expected to increase in 2016, while dairy's export share declines
In 2015, approximately 15 percent of total U.S. red meat and poultry production and 18 percent of dairy production (on a skim solids milk equivalent basis) were sold in export markets. Red meat and poultry exports as a share of production are down from the average over the previous 5 years, reflecting the combination of a strengthening dollar, slowing global economy, and restrictions on poultry exports put in place as a result of the U.S. outbreak of highly pathogenic avian influenza (HPAI). However, for dairy products, exports as a share of production grew modestly in 2015 relative to the previous 5 years, reaching 18 percent. In 2016, production of red meat and poultry is expected to increase, while exports are expected to grow even more, resulting in higher export shares for beef, pork, broilers and turkey. For dairy, production is expected to increase and exports are expected to decline from 2015, causing dairy’s export share of production to be lower than last year. This chart is from Livestock, Dairy and Poultry Outlook, March 2016.
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