U.S. beef exports soared to another new value re­cord in March, according to the U.S. Meat Export Federation (USMEF).

Beef exports totaled 126,285 metric tons in March, up 1% from a year ago and the third largest on record, while value climbed 33% to a record $1.07 billion. First quarter exports increased 6% to 353,852 metric tons, valued at just over $3 billion (up 41%).

“Global demand for U.S. beef has eclipsed anything I have seen in many years in the meat business,” said USMEF CEO Dan...