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Mixed Results for U.S. Exports; Slow Week for Net Sales

Weekly-Beef-Exports-Sales

U.S. beef exports for the week of May 1-7 totaled 11,900 metric tons (mt), up 1 percent from the previous four-week average. Primary destinations were Japan (3,200 mt, -22 percent), South Korea (2,800 mt, +15 percent), Mexico (1,800 mt, +25 percent), Hong Kong (1,700 mt, +31 percent), Canada (1,200 mt, +14 percent) and Taiwan (520 mt, -19 percent).

Beef net sales were 8,600 mt, down 41 percent from the previous four-week average, and were mainly reported for Hong Kong (3,100 mt, +45 percent), Japan (1,600 mt, -63 percent), Canada (1,500 mt, +1 percent), Mexico (1,000 mt, -46 percent), Korea (700 mt, -77 percent) and Taiwan (400 mt, -70 percent).

Weekly-pork-Exports-Sales

U.S. pork exports totaled 19,300 mt, down 9 percent from the previous four-week average. Primary destinations were Mexico (6,300 mt, -10 percent), Japan (3,000 mt, -13 percent), Korea (2,400 mt, -34 percent), China (2,000 mt, +6 percent) and Canada (1,800 mt, +19 percent).

Pork net sales were 13,800 mt, down 31 percent from the previous four-week average, as higher sales for Japan (3,900 mt, +2 percent), Australia (2,200 mt, the largest since February), Taiwan (1,800 mt and the largest since reporting began for pork), Honduras (900 mt, the largest since March) and Hong Kong (800 mt, +51 percent) were more than offset by lower totals for Mexico (1,200 mt, -84 percent) and Canada (800 mt, -69 percent). Net sales for China were minimal for the fifth consecutive week.