Colorado agricultural exports continue to increase | TheFencePost.com

Colorado agricultural exports continue to increase

Staff reports

Agricultural exports from Colorado for the first three quarters of 2010 were up $169 million, or 27.7 percent over the same period for 2009, the Colorado Department of Agriculture said Tuesday.

The state’s top agricultural sectors all recorded increases for the first nine months of 2010 when compared with the same period a year ago. Meat represented $86 million of the increase and hide exports increased 86 percent for an additional $65 million.

U.S. wheat exports were up 12 percent for the first three quarters of 2010 compared with 2009. Official Colorado wheat export figures are available only on an annual basis, but they generally track U.S. exports trends, state officials said.

Colorado’s agricultural exports are significantly higher than the U.S. average and grew 15 percent for the first nine months, said John Stulp, Colorado Commissioner of Agriculture.

“Increased exports are critical for Colorado’s agricultural industry, and it is encouraging to see our exports increase in all sectors,” Stulp said in a news release. “We are particularly pleased to see a growing acceptance and desire for our meat products in Asia and Russia, which are Colorado’s most significant growth markets.”

Exports highlights for through three quarters of 2010:

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» Asian and Russian markets primarily purchased beef and hides; those markets grew 115 percent for an increase of $121 million.

» Korean exports increased 165 percent.

» Chinese markets grew 45 percent for an additional $16 million.

» Hong Kong increased imports of hides and meats, with hides increasing 937 percent.

The markets division of the state agriculture department provides assistance to Colorado agricultural and food companies to develop market opportunities in Colorado, the U.S. and worldwide. More information is available at http://www.coloradoagriculture.com or by calling (303) 239-4118 or (303) 239-4123.