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New 2016 High for U.S. Pork Exports and Net Sales; Beef Results Sluggish

U.S. pork exports for the week of April 15-21 reached a 2016 high of 22,100 metric tons (mt), up 11 percent from the previous week and 20 percent above the previous four-week average. Significant increases to Mexico (6,060 mt, +36 percent and the largest since December), China (5,300 mt, +38 percent and the largest since improved reporting began in August 2014), Canada (1,520 mt, +31 percent), Australia (1,100 mt, +56 percent), Hong Kong (1,100 mt, +45 percent) and the Philippines (300 mt, +75 percent) more than offset decreases to Japan (3,760 mt, -6 percent), South Korea (1,700 mt, -25 percent) and Colombia (350 mt, -16 percent).

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Pork net sales soared to 60,900 mt – more than doubling the previous 2016 high set in January. Sales for Mexico (31,500 mt, +279 percent) and China (20,370 mt, +234 percent) were the largest since improved reporting began in August 2014, while sales also increased significantly for Korea (2,460 mt, +76 percent). These results outweighed slower sales to other main destinations including Japan (3,730 mt, -29 percent), Canada (1,150 mt, -9 percent), Australia (410 mt, -71 percent), Hong Kong (390 mt, -52 percent), Colombia (320 mt, -8 percent) and the Philippines (80 mt, -77 percent). Corrections resulted in negative net sales for Costa Rica (-130 mt).

Weekly U.S. Beef Exports

U.S. beef exports totaled 11,100 mt, down 7 percent from the previous week and 1 percent below the previous four-week average. Exports increased to Mexico (1,830 mt, +15 percent), Canada (880 mt, +4 percent) and Taiwan (830 mt, +11 percent), but declined to Japan (3,370 mt, -11 percent) and Hong Kong (1,250 mt, -3 percent). Exports were steady to Korea (2,380 mt).

Beef net sales were 12,100 mt, down 3 percent from the previous week and 31 percent below the previous four-week average. Increased sales to Canada (1,100 mt, +5 percent) were outweighed by slower sales to other main destinations including Japan (6,660 mt, -14 percent), Korea (1,320 mt, -65 percent), Mexico (1,290 mt, -43 percent), Taiwan (730 mt, -20 percent) and Hong Kong (460 mt, -62 percent).

  • 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.