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U.S. flag exports trade container ship port exports AmyLaughinghouse_iStock_Thinkstock

Red meat, poultry exports on course to rise

Exports will increase 3% in 2019 and 7% in 2020 due to global animal protein supply shortage.

U.S. trade data through September indicated that in the first three quarters of 2019, total exports of red meat and poultry increased 1.1%. However, in its latest “Livestock, Dairy & Poultry Outlook,” the U.S. Department of Agriculture said large increases in expected fourth-quarter shipments will push exports 3% higher for the year compared with 2018. Next year, exports will increase even more, up 7%, as a global animal protein supply shortage due to African swine fever (ASF) further

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