Colorado Ag Exports Continue Growth Spurt

Colorado Ag Exports Continue Growth Spurt

Colorado lists $390 million in beef trade as top farm export item.

Colorado's agricultural exports increased 20% to $718 million in the first seven months of 2011 over last year's mark, led by increases in beef, hides, dairy and grains.

"Agricultural exports continue to play an important part in out state's economic recovery," says Commissioner of Agriculture John Salazar. "So far this year, we have seen an additional $118 million from the ag export sector that is directly attributed to our producers and benefits the entire state."

Through the seven months ending at the end of July, 2011, exports made substantial gains over the same period a year earlier, marked by a 21% increase in edible beef exports which climbed to $289.9 million; hides, up 20% to $131 million, and dairy posting a 51% increase to mark a $28 million total export value.

Colorado's exports of edible beef grew over-all with mixed results for top markets in the first seven months of this year:

Canada's Colorado beef imports increased by 42% to $135.2 million,

Mexico held steady at $76.4 million.

Japan's import of Colorado beef grew 21% to $71.6 million.

Korea was up 31% to $46.3 million.

Russian imports of the state's edible beef held steady at $19.5 million.

"We have seen phenomenal growth in Asia; beef markets grew to 36% of Colorado's export market for an increase of more than 112% over the last two years," notes Salazar. "Asia's growing portion of Colorado's total beef exports illustrates the importance of U.S. trade negotiations to remove the restrictions on beef to Japan and negotiating an opening of China to Colorado and U.S. beef."

In other interesting ag export market trends for Colorado:

Millet exports increased by 77% to $9.7 million in the first seven months of 2011.

Live cattle breed stock sales from Colorado during the period increased by 122%.

Direct corn exports have grown in recent years as well. Mexico is currently buying Colorado corn and increased purchases by 258% during the seven months. This represents over $11.6 million in exports of Colorado corn to Mexico.

For more on Colorado ag export statistics, call Tim Larsen, CDA international marketing specialist, at (303) 239-4118. He can also be contacted via e-mail at [email protected].

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