A state official says Nebraska beef exports reached a new milestone with record sales during the first 11 months of 2014.
State ag director Greg Ibach says there were several factors leading to Nebraska’s beef producers exceeding the $1-billion mark in exports last year.
“Worldwide demand is strong and in Nebraska, we’ve put a lot of effort into trying to promote our products on a worldwide basis as well,” Ibach says, “and then you have the buying power of the middle class in Asia that is driving demand.”
Ibach says he’s optimistic about this year and hopes they’ll be able to continue the export momentum achieved last year.
“The price is leveling off a little bit,” Ibach says. “We doubled our volume while the price was just a little bit higher so really price and volume both went into us making this goal.”
Ibach adds, the value of beef muscle cut exports has increased 250% since 2009 while the total number of beef exports during the same time frame doubled.
Also, he says beef livers and tongues saw $93-million in exports, up from $32 million in 2009.
By Jerry Oster, WNAX, Yankton