U.S. Beef Exports Drop 36 Percent

U.S. beef exports are down sharply. For the month ending October thirty-first, exports fell thirty-six percent from a year ago, according to USDA data released during the ongoing government shutdown. Sales to Mexico and Canada were down 27 percent, with other global markets off 17 percent. No beef sales to China were reported during the period. Analysts with Steiner Consulting Group say U.S. beef may be facing further headwinds, noting China could target the sector with additional trade measures.