The U.S. Meat Export Federation is clearing the air after an accidental reprint of an old news article caused some confusion regarding the beef agreement between the U.S. and South Korea. USMEF says no changes have been made to the agreement. The speculation that the agreement had changed was because an article originally printed in the spring of 2008 in Ag Weekly was reprinted by a variety of news outlets.
USMEF reports sales of U.S. beef to Korea continue to rebound. For the first three months of 2010total beef exports are up 24% in value and 11% in volume versus 2009. During the month of March alone export value topped $28.5 million. That's a 112% increase over March of last year. Volume hit 13.3 million pounds - a 58% jump.