U.S. Beef Market Overview 2019 |Tyson Foods, Hormel Foods Corporation, Seaboard Corporation, Smithfield Foods, Morrell John & Co, Clemens Food Group, Amick Farms

IndexBox has just published a new report, the U.S. Beef, Veal, Lamb And Mutton Market. Analysis And Forecast to 2025
https://www.indexbox.io/store/us-beef-veal-lamb-and-mutton-market-analysis-and-forecast-to-2020/

Here is a summary of the report's key findings.

Beef Market Size in the USA

The revenue of the beef market in the U.S. amounted to $X in 2017, approximately mirroring the previous year. In general, beef consumption continues to indicate a slight curtailment. The most prominent rate of growth was recorded in 2014, when it surged by X% year-to-year. In that year, the beef market attained their peak level of $X. From 2015 to 2017, growth of the beef market failed to regain its momentum.

Beef Production in the USA

In value terms, beef production amounted to $X in 2017. In general, beef production continues to indicate a mild decline. The growth pace was the most rapid in 2014, when the output figure increased by X% y-o-y. In that year, the beef production attained their peak level of $X. From 2015 to 2017, growth of the beef production failed to regain its momentum.

Beef Exports

Exports from the USA

Beef exports from the U.S. amounted to X tonnes in 2017, picking up by X% against the previous year. The total export volume increased an average annual rate of +X% over the period from 2013 to 2017; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2016, with an increase of X% y-o-y. The exports peaked in 2017, and are expected to retain its growth in the near future.

In value terms, beef exports stood at $X in 2017. In general, beef exports continue to indicate a modest increase. In that year, the beef exports reached their peak level of $X. From 2015 to 2017, growth of the beef exports failed to regain its momentum.

Exports by Country

Japan (X tonnes), South Korea (X tonnes) and China (X tonnes) were the main destinations of beef exports from the U.S., with a combined X% share of total exports. Colombia, Australia, Egypt, China, Hong Kong SAR, Honduras, the Dominican Republic, Chile, and the Philippines lagged somewhat behind, together accounting for a further X%.

From 2013 to 2017, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Colombia (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), South Korea ($X) and China ($X) appeared to be the largest markets for beef exported from the U.S. worldwide, together comprising X% of total exports.

South Korea (+X% per year) recorded the highest rates of growth with regard to exports, among the main countries of destination over the last four year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2017, the average beef export price amounted to $X per kg, growing by X% against the previous year. In general, beef export price continues to indicate a slight downturn. The growth pace was the most rapid in 2014, when it surged by X% y-o-y. In that year, the average export prices for beef, veal, lamb and mutton reached their peak level of $X per kg. From 2015 to 2017, growth of the average export prices for beef, veal, lamb and mutton stood at a somewhat lower level.

Export prices varied noticeably by the country of origin; the country with the highest export price was Japan ($X per kg), while the average price for exports to Egypt ($X per tonne) was amongst the lowest.

From 2013 to 2017, the most notable rate of growth in terms of export prices was recorded for supplies to South Korea (+X% per year), the export prices for the other major destinations experienced more modest paces of growth.

Companies mentioned:

Tyson Foods,

Hormel Foods Corporation,

Seaboard Corporation,

Smithfield Foods, Morrell John & Co,

Clemens Food Group,

Amick Farms,

National Beef Packing Company,

FPL Food,

Indiana Packers Corporation,

Dietz & Watson,

Smithfield Farmland Corp.,

Transhumance Holding ,

Triumph Foods,

Sam Kane Beef Processors,

Rosen's Diversified,

American Foods Group,

The Smithfield Packing Company Incorporated,

Plumrose USA,

Cargill Meat Solutions Corp,

Buckhead Beef Company,

Emmpak Foods,

Nebraska Beef,

American Beef Packers,

Jbs Usa,

Pinnacle Foods,

Tyson Fresh Meats,

Green Bay Dressed Beef,

Jbs USA Holdings,

Half Moon Deer Processing

Source: https://www.indexbox.io/store/us-beef-veal-lamb-and-mutton-market-analysis-and-forecast-to-2020/

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