2022 Beef Export Highlights

Percent of Beef & Variety Meat Production Exported

2021 beef and variety meat exports were record large at 1.440 million mt, up 15% year-over-year, valued at $10.6 billion, up 38% from 2020 (and up $2.2 billion from the previous record in 2018)

2022 beef and variety meat exports are on a record pace at 1.361 mil mt through November, up 3% year-over-year. Value reached $10.9 billion through November, up 14% year-over-year and already surpassing the 2021 annual record

Beef Export Value Per Head By Market

January - November 2022 value per head of fed cattle slaughtered = $452.42, up 13%

Through November, exports accounted for 13% of beef muscle cut production and 15.2% of total production when including variety meats

January - November Export Value out of this total value per head, short plate/brisket contributed $32.66, chuck/clod/round cuts $21.94, tongues $18.63, and tripe/intestine $1.79

Beef muscle cut exports averaged 99 lbs. per fed head of cattle slaughtered through November, a new high

Beef and variety meat export value per fed head slaughtered averaged $452, also a new high selling 160 bulls and 30 Commercial replacement females

145 Angus plus 15 SimAngus

High-Quality, Uniform, Older, Age-Advantaged Bulls in Volume bulls are ultrasounded & ZOETIS HD50K dna-tested

Featured A.I. Sires

the Baker Angus Advantage

Our age-advantaged bulls are available in volume! These bulls out of top sires can increase consistency and marketability in your calf crops.

As the second-largest registered Angus cowherd in Oregon calving out 600-plus females a year, you get the Advantage of only the cream-of-the-crop! The top 50% of our bulls have extremely large contemporary groups to increase predictability consistency and quality for our customers from a cowherd that has been around for nearly 40 years.

Ruthless culling for feet and legs, plus structure gives you the Advantage when it comes to bull selection. Our bulls are extremely athletic. They run in big pastures over the summer after weaning. They are developed in extremely large lots that require them to travel up and down hills over rocky, hard ground every day between a high-roughage feed source & water to ensure soundness & longevity.

Our intense A.I. program utilizes the most current and sought-after genetics in the Angus breed, with herdsires infused and utilized that rival the most popular A.I. sires in the breed for genetic value and potency.

Volume and repeat buyer discounts are available and delivery is free. Bulls are backed by a Zoetis HD50K DNA evaluation, ultrasounded with complete performance and fertility evaluation and industry best guarantee.

Ibc Support Targets Top Markets

IBC partners with USMEF to support key U.S. beef programs in top export destinations in Asia including Japan, South Korea, and China. U.S. beef exports to these leading markets reached $6.7 billion from January-November 2022 and contributed nearly 65% of the export value per head of fed cattle slaughtered, up 13% year-over-year.

In addition to promoting Idaho Finger Steaks, a key USMEF strategy in leading markets such as Japan, South Korea, and China is to build new relationships with targeted e-commerce platforms and other convenience-driven retailers. With ideation and funding support from Idaho Beef Council in 2021 and 2022, USMEF was able to expand promotional programs for

U.S. beef in these markets with technology-driven promotions through e-commerce and mobile commerce channels and live-streaming events. Examples include:

• South Korean in-store promotion with River Valley’s Butcher shop resulted in 23% sales volume and 48% sales value increase.

• E-commerce promotion featuring Snake River Farms boneless chuck short rib, chuck flap tail, top blade, inside skirt and chuck eye roll yielded 106% sales volume and 132% sales value increases.

In addition to direct funding support, Idaho Beef Council also partners with USMEF, Oregon Beef Council and Washington State Beef Commission through the Pacific Northwest Initiative to support promotional programs in Japan such as trade seminars, branded beef showcases at in-market tradeshows and seasonal foodservice campaigns. One campaign – Try American Beef! – included over 500 participating outlets including highend steakhouses, independent sandwich and burger shops, and nationwide steak chains. Following the promotion, one participating restaurant with over 90 outlets across Japan switched from using Canadian top blade muscle to 100% U.S. beef on their menus!

Idaho Beef Council and USMEF will again join forces in 2023 on image-building campaigns and promotions intended to elevate U.S. beef above competitor product in Japan, South Korea, and China. Idaho Beef Council support is leveraged with funds from the USDA’s Market Access Program, the Beef Checkoff Program and feed grains checkoff programs to provide maximum reach and return on investment.

With over 95% of the world’s population residing outside of the United States, we will increasingly find opportunity to expand U.S. beef sales in the global marketplace.

As the checkoff continues work to increase consumer demand in the United States, the export market also represents a significant growth opportunity. This makes it crucial to carry out international marketing to ensure U.S. beef will increasingly find a place of honor on dinner tables around the globe – and continue to maximize the value of U.S. beef.

About USMEF: The U.S. Meat Export Federation (USMEF) is a nonprofit trade association working to create new opportunities and develop existing international markets for U.S. beef, pork, lamb and veal. Headquartered in Denver, USMEF has offices in Seoul, Tokyo, Beijing, Hong Kong, Shanghai, Singapore, Taipei, Moscow, St. Petersburg, Mexico City, Monterrey and Brussels. USMEF also has special market representatives covering China, the Middle East, Central and South America and the Caribbean.

Through its worldwide network of offices, USMEF has forged a series of partnerships which have enabled U.S. companies and U.S. products to become integral parts of international red meat markets. An extensive international presence enables USMEF to have a finger on the pulse of vital markets around the world.

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