The U.S. Meat Export Federation’s Strategic Planning Conference in Oklahoma City attracted farmers, ranchers, processors, and exporters from across the country.
While U.S. red meat exports will likely set a record in value, there are several obstacles ahead for the industry, including a sluggish global economy, weaker currencies, and the lingering effects of COVID. Production challenges are also mounting, especially with severe drought.
Keynote speaker Randy Blach of CattleFax says despite the challenges, the U.S. red meat industry is still remarkably efficient and sustainable. He says American producers are well-positioned for success, even in this challenging environment.
“We produce more beef than Brazil with one-third the number of cattle,” Blach says. “It’s our high-quality, grain-fed beef.”
USMEF President and CEO Dan Halstrom updated members on current export results and the outlook for the months ahead. He also highlighted the importance of market diversification that’s helped exports maintain their record pace.