Nevil Speer

July 18, 2012

1 Min Read
Industry At A Glance: Beef Exports Set Record

Exports through May established a new record in 2012: $2.155 billion (beating 2011’s prior best by approximately $100 million). Beef exports continue to provide an important source of revenue for the industry and prove supportive for the fed market – adding nearly $19/cwt. or $235/head through May. U.S. cattlemen enjoyed one of the best years ever in terms of beef exports in 2011, ending the year with exports up 27% over 2010. But maintaining and increasing U.S. beef exports in the years to come will become more challenging. What are your thoughts on this chart and the effect of beef exports on producer fortunes? Leave your comments in the comment section below the chart.

About the Author(s)

Nevil Speer

Nevil Speer serves as an industry consultant and is based in Bowling Green, KY.

Nevil Speer has extensive experience and involvement with the livestock and food industry including various service and consultation projects spanning such issues as market competition, business and economic implications of agroterrorism, animal identification, assessment of price risk and market volatility on the producer segment, and usage of antibiotics in animal agriculture.
Dr. Speer writes about many aspects regarding agriculture and the food industry with regular contribution to BEEF and Feedstuffs.  He’s also written several influential industry white papers dealing with issues such as changing business dynamics in the beef complex, producer decision-making, and country-of-origin labeling.
He serves as a member of the Board of Directors for the National Institute for Animal Agriculture.
Dr. Speer holds both a PhD in Animal Science and a Master’s degree in Business Administration.

Contact him at [email protected].

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