CO: Colorado Agricultural Exports Increase 27 Percent
News Date August 31, 2010
Colorado's top five export sectors are all experiencing growth with meat and hide exports leading the way. Colorado is the third largest exporting state for fresh and frozen beef, as well as fourth largest exporter of hides. "With continued efforts to open more global markets to Colorado and U.S. beef, we look forward to further increases in our beef exports," stated Commissioner of Agriculture, John Stulp. "We are also encouraged by the hide exports, which are often viewed as an indicator of future trends. Asia has significantly increased their hide imports, which are then processed into consumer goods and leather for car interiors."
Canada became the largest export market for Colorado's agricultural exports in the first 6 months of 2010 with a 15 percent increase in beef imports, while Mexican beef imports dropped almost 20 percent. Japan's increased purchases were a result of increased beef imports, while Korea's increased imports included both beef and hides. China's increase was also a result of increased hide imports. (Click here for more).