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Big Week for U.S. Pork Exports, Net Sales

U.S. pork exports for the week of Oct. 24-30 totaled 26,300 mt (metric tons), up 50 percent from the previous four-week average, with larger exports to Mexico (8,700 mt, +62 percent), Japan (4,600 mt, +40 percent), South Korea (4,100 mt, +32 percent), Canada (2,500 mt, +40 percent), Hong Kong (2,000 mt, +72 percent) and China (1,300 mt, +38 percent).

Pork net sales were 28,400 mt, up 55 percent from the previous four-week average. Larger sales were reported for Mexico (10,900 mt, +118 percent), China (3,500 mt, the largest since similar volumes were booked in late September), Hong Kong (2,400 mt, +129 percent) and Canada (2,300 mt, +34 percent), sales slowed for Korea (4,300 mt, -20 percent) and Japan (2,200 mt, -35 percent).

U.S. beef exports totaled 13,900 mt, down 1 percent from the previous four-week average, as strong volumes for Hong Kong (3,600 mt, +17 percent, the largest this year) and steady exports for Mexico (1,800 mt) and Taiwan (670 mt) were offset by slower exports to Japan (3,800 mt, -3 percent), Korea (2,200 mt, -18 percent) and Canada (1,000 mt, -4 percent).

Beef net sales of 6,900 mt were down 45 percent from the previous four-week average, and were mainly reported for Korea (2,000 mt, -32 percent), Canada (1,200 mt, -18 percent), Japan (1,100 mt, -58 percent), Hong Kong (1,000 mt, -51 percent), Mexico (800 mt, -21 percent), and Taiwan (130 mt, -83 percent). Net sales for delivery in 2015 were reported for Japan (2,700 mt) and Canada (100 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.