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Big Week for U.S. Pork Exports; Beef Exports also Trend Higher

Weekly-Beef-Exports

U.S. pork exports for the week of Sept. 19-25 totaled 23,200 metric tons (mt), up 54 percent from the previous four-week average. Exports were higher for all major destinations, including Mexico (7,400 mt, +34 percent), Japan (4,800 mt, +57 percent), South Korea (3,200 mt, +66 percent), Canada (1,900 mt, +22 percent), China (1,900 mt, +1,841 percent and the first large shipments since sales began to rebound two weeks ago) and Hong Kong (1,600 mt, +24 percent).

Pork net sales were 22,800 mt, up 14 percent from the previous four-week average. Sales were larger for Mexico (9,400 mt, +56 percent) and China (3,600 mt, +276 percent), but slowed for Japan (2,600 mt, -32 percent), Korea (2,000 mt, -25 percent), Hong Kong (1,500 mt, -26 percent) and Canada (1,200 mt, -47 percent).

Weekly-Beef-Sales

U.S. beef exports totaled 13,700 mt, up 5 percent from the previous four-week average. Exports were primarily for Japan (4,200 mt, +1 percent), Hong Kong (2,900 mt, +22 percent), Mexico (2,200 mt, +8 percent), Korea (2,000 mt, -4 percent), Canada (1,100 mt, +11 percent) and Taiwan (640 mt, -2 percent).

Beef net sales totaled 12,000 mt, down 8 percent from the previous four-week average, as larger sales for Japan (3,700 mt, +20 percent), Mexico (2,500 mt, +72 percent and the largest since August) and Korea (2,100 mt, +23 percent) were offset by lower sales for Hong Kong (1,800 mt, -55 percent), Canada (900 mt, -9 percent) and Taiwan (280 mt, -48 percent). Net sales for delivery in 2015 were reported for Canada (300 mt) and Mexico (200 mt).


NOTES:

  • 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 cancelations or adjustments.