World markets bullish on U.S. beef. (includes related articles)(Cover Story)

From: AgExporter | Date: June 1, 1996| Author: | Copyright information

For a U.S. beef cattle industry challenged by large supplies and a cost-price squeeze at home, world markets are lending a hand. Foreign demand for high-quality U.S. beef is booming, and the outlook is nothing but bullish.

In 1990, the United States shipped $1.6 billion worth of U.S. beef to all markets worldwide. By 1995, exports to Japan alone - the largest U.S. market - had topped that mark, reaching a record $1.7 billion. Total U.S. beef exports had climbed to more than $2.6 billion, up $1 billion since 1990 and 5 1/2 times the level of 1985.

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