Livestock, Dairy, and Poultry Outlook No. (LDPM-175-01) 24 pp

February 2009

Factors Shaping Expanding U.S. Red Meat Trade

U.S. imports and exports of red meats-beef, pork, lamb, and mutton-have expanded rapidly over the last several decades, linking livestock sectors of the United States to those of several major trading partners. Factors driving this trade growth include not only rising incomes, but also the preference of U.S. and foreign consumers for a greater variety of red meat cuts, facilitated by the expansion of free trade agreements. Changes in currency values, including the recent depreciation of the U.S. dollar against the currencies of key trading partners, have also been important influences in expanding trade in U.S. red meat products. Domestic production continues to provide the main share of beef and pork consumed in the United States, while the share of U.S. lamb consumption from imports has increased significantly. While the red meat (and poultry) markets have been punctuated by animal disease issues over the last few years, the integration of trade is expected to continue.

Keywords: Trade, red meats, beef, pork, lamb and mutton, exchange rates, trade agreements, disease shocks, market share

In this publication...

Latest Release:

Livestock, Dairy, and Poultry Outlook: April 2018

All Releases:

Select a decade or year to expand/collapse. Click on the link to view the report.