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Accumulated 2015 Export Totals Down for Beef, Higher for Pork

Beef-Exports

U.S. beef exports for the week of Dec. 25-31 totaled 9,200 metric tons (mt), down 26 percent from the previous four-week average. Accumulated beef exports in 2015 totaled 607,600 mt, down 11 percent from the 680,200 mt exported in 2014.

Beef net sales for 2015 delivery were -350 mt, as corrections resulted in negative net sales. Net sales for 2016 delivery were 6,100 mt, including sales for Korea (1,400 mt), Japan (1,300 mt), Mexico (1,200 mt) and Hong Kong (1,200 mt). Outstanding sales on Dec. 31 totaled 23,920 mt, which were carried over to 2016. Japan has the largest outstanding sales for 2016 at 29,270 mt, followed by Hong Kong (18,374 mt) and Korea (17,516 mt).

Beef exports for the week of Dec. 18-24 totaled 12,370 mt, down 21 percent from the previous week but 1 percent above the previous four-week average. Net sales for 2015 delivery were 4,000 mt, up noticeably from the previous week but 18 percent below the previous four-week average. Net sales for 2016 were 2,400 mt.

Beef exports for the week of Dec. 11-17 reached a 2015 high of 15,700 mt, up 74 percent from the previous week and 38 percent above the previous four-week average. Beef net sales for 2015 delivery were just 400 mt, but net sales for 2016 delivery totaled 19,200 mt.

Pork-Exports-

U.S. pork exports for the week of Dec. 25-31 totaled 14,400 mt, down 24 percent from the previous four-week average. Accumulated pork exports in 2015 totaled 986,500 mt, up 7 percent from the 918,700 mt exported in 2014. As we have previously noted, however, increased reporting occurred in August 2014, so full year-over-year comparisons should be more accurate beginning in 2016.

Pork net sales for 2015 delivery were 600 mt, as sales to China (670 mt, following three weeks of corrections), Japan (260 mt, -89 percent) and Hong Kong (110 mt, -89 percent), were partially offset by corrections resulting in negative net sales for Colombia (-170 mt), Korea (-100 mt), Canada (-100 mt), Mexico (-70 mt) and Australia (-19 mt). Net sales for 2016 delivery totaled 9,000 mt, which were primarily for Mexico (2,000 mt), Japan (1,900 mt), Canada (1,500 mt) and China (1,100 mt). Outstanding sales on Dec. 31 totaled 33,500 mt, which were carried over to 2016. Also of note, outstanding sales for China for 2016 totaled 27,875 mt, slightly higher than Mexico, making China the largest destination for outstanding sales for the new year.

Pork exports for the week of Dec. 18-24 totaled 17,700 mt, down 12 percent from the previous week and 6 percent below the previous four-week average. Net sales for 2015 delivery were 8,100 mt, down 22 percent from the previous week and 6 percent below the previous four-week average. Net sales for 2016 delivery totaled 15,100 mt.

Pork exports for the week of Dec. 11-17 totaled 20,100 mt, unchanged from the previous week and 7 percent above the previous four-week average. Pork net sales for 2015 delivery totaled 10,400 mt, up noticeably from the previous week and 25 percent above the previous four-week average. Net sales for 2016 delivery totaled 23,000 mt.

  • Source: USDA/FAS (includes exports and sales of whole muscle cuts).
  • Percent change is compared to the previous four-week average, unless otherwise noted.
  • Export is defined as an actual shipment from the U.S. to a foreign country.
  • Export sale is defined as a transaction entered into between a reporting exporter and a foreign buyer. Sales can be cancelled or adjusted in following weeks, thus “net” sales are reported as the difference between new sales and any cancellations or adjustments.