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Japan leads another strong week for beef sales

For Aug. 23-29, beef exports of 14,500 mt were down 1 percent from the previous four-week average and were primarily to Japan (3,900 mt, -11%), Mexico (2,800 mt, +7%), Hong Kong (2,500 mt, +21%), South Korea (2,300 mt, +25%), Canada (1,500 mt, -31%), and Taiwan (700 mt, +2%).

Net beef sales of 17,900 mt were up 17 percent from the previous four-week average and still strong after last week’s 23,000 mt. Net sales were primarily for Japan (7,800 mt, +103%), Canada (2,600 mt, +45%), Hong Kong (2,000 mt, +5%), Mexico (1,300 mt, -49%), Taiwan (1,000 mt, +26%), and Korea (800 mt, -77%).

Pork exports of 7,200 mt were down 28 percent from the previous four-week average and mainly reported for: Mexico (2,800 mt), Japan (1,100 mt), Hong Kong (1,100 mt), Canada (700 mt), and Ukraine (200 mt). Net sales of 4,600 mt were down 44 percent from the previous four-week average and were primarily reported for South Korea (900 mt), Mexico (800 mt), Japan (800 mt), Canada (400 mt), and Colombia (300 mt).

NOTES:
  1. Percent change is compared to the previous four-week average, unless otherwise indicated.
  2. Mandatory pork export sales reporting is still in its early stages and the data represent less than 40 percent of chilled/frozen pork exports, so it is not yet representative of actual volume.
  3. FAS is revising the 2012 beef export data, so year-over-year changes should be disregarded for the time being.
  4. Weekly data only includes exports and sales of whole muscle cuts, reported by the exporters to USDA/FAS Export Sales Reporting.
Beef exports to the main Asian markets were up 5 percent from the previous four-week average.

Beef exports to the main Asian markets were up 5 percent from the previous four-week average


Beef exports to Korea were the largest since February, spurred by Chuseok (Korean thanksgiving holiday) buying

Beef exports to Korea were the largest since February, spurred by Chuseok (Korean thanksgiving holiday) buying