Dan’s Cow-Calf Corner Cattle and Beef Trade: A Look Back and a Look Ahead

Derrell S. Peel, Oklahoma State University Extension Livestock Marketing Specialist — Beef exports in 2019 were down 4.4 percent compared to 2018. Exports were down year over year to most major destinations including Japan (-10.0 percent); Hong Kong (-24.7 percent); Mexico (-5.4 percent) and Canada (-10.6 percent). Among major markets, only South Korea was up 7.1 percent year over year. Japan accounted for the largest share of 2019 beef exports at 26.4 percent of the total. South Korea is the second largest market with 22.6 percent of total exports. Number three market Mexico represented 14.0 percent of beef exports. Canada…

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