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Caribbean Market Update

This report by Elizabeth Wunderlich, USMEF Caribbean Consultant, provides an analysis of the pork and beef markets in the Caribbean region comparing 2007 to 2008. It highlights various top markets, the impact of challenges such as H1N1 and BSE, and economic factors affecting pork and beef sales. Key markets were evaluated, showing differing performance trends across islands, with specific focus on the affordability of pork as an economic booster. The report also explores BBQ trends and offers insights into consumer preferences in various Caribbean nations.

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Caribbean Market Update

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  1. Also Bermuda! Caribbean Market Update Elizabeth Wunderlich USMEF Caribbean Consultant

  2. How We Did: 2007 vs. 2008 +19% +3% +24% +16% Source: USDA/USMEF, metric tons

  3. Top Markets for Pork 2007 vs 2008 +47% -20% +37% +19% +51% Source: USDA/USMEF, metric tons

  4. Top Markets for Beef 2007 vs 2008 +30% -16% +76% -21% -10% Source: USDA/USMEF, metric tons

  5. Meating the Issues Beef Pork Jamaica Pseudorabies Received word Friday that Min of Ag letter says they have “issues” H1N1 Flu CVO in St. Lucia shut down for all USA pork immediately Rest of Islands—very Rational Article on left is good example Foodservice pork sales o.k., some decline in retail but now mostly back to normal • BSE: St. Lucia & St. Kitts • CVO in St. Lucia will not budge on requiring SOV, <30 months, boneless • St. Kitts – working out semantics

  6. The Economic Lay of the Land • Doing Well: • Caymans, The Grenadines, Netherlands Antilles (Aruba, Bonaire, Curaçao, St. Maarten) • Hanging in There: • Antigua, Bahamas, Barbados, BVI, Trinidad, Turks & Caicos • In the Slammer: • St. Lucia, St. Kitts, Grenada, Most Eastern Caribbean

  7. Pork as an Economic Booster • Pork: the Affordable Alternative! • Steamship Leg of Pork • Pork Prime Rib • Pork Filet of Sirloin • Pork Cushion Medallions • Pork Osso Buco • Pork Riblets • Pork Belly • Kielbasa Sausage (BBQ)

  8. Pork Facts for Foodservice • Educational Materials on the Affordable Alternatives • Fresh Leg • Sirloin • Cushion • Belly

  9. Beef: A New Take on Steak • Something Old • Striploin  Split Strip • Ribeye  Spinalis/Filet • Something New • Clod Heart  Ranch Steak • Center Cut Top Sirloin  Cricket Cut • Top Sirloin Cap  Mini-NY • Something Borrowed • Tri-Tip  California Brisket • Something Blu—beque • Brisket  BBQ, Roast Beef

  10. Affordable Alternatives Matrix • Put together “affordable alternatives” meat cut matrix • Adapt to seminar cuts • Focus on USA prices with Relative comparisons

  11. BBQ Brings Us Together • The BBQ theme has been the Economic Hit • Beef Brisket—the “king” of BBQ takes center stage • Pork Rounds out the Menu • Kickoffs So Far in 2009: • BoneFish (Bermuda) • Holiday Inn Aruba • Grand Cayman Marriott • Restaurant Tinto (Curaçao)

  12. All Questions and Comments from you are Smokin’ Hot-- Just Like the Islands!

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