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New 2016 High for U.S. Pork Exports; Strong Week for Net Sales of Pork, Beef

Weekly-Pork-Exports

U.S. pork exports for the week of March 4-10 totaled 20,000 metric tons (mt), the largest since December. Exports were up 4 percent from the previous week and 8 percent above the previous four-week average, driven by increases for China (3,390 mt, +17 percent and the largest since increased reporting began in July 2014), South Korea (2,890 mt, +1 percent), Canada (2,070 mt, +54 percent and the largest since June), Hong Kong (920 mt, +18 percent), the Philippines (590 mt, +226 percent and the largest since October) and Colombia (450 mt, +3 percent). Exports were lower for Mexico (4,410 mt, -5 percent), Japan (3,800 mt, -1 percent) and Australia (330 mt, -35 percent).

Pork net sales were 27,300 mt, up 72 percent from the previous week and 56 percent above the previous four-week average. Sales increased to most major destinations including Mexico (8,920 mt, +58 percent and the largest since September), China (6,110 mt, +523 percent), Japan (5,350 mt, +72 percent), Canada (2,480 mt, +120 percent), the Philippines (810 mt, +181 percent) and Colombia (530 mt, +28 percent), which outweighed slower sales to Korea (1,670 mt, -41 percent), Hong Kong (220 mt, -64 percent) and Australia (190 mt, -82 percent).

Weekly-Pork-Exports

U.S. beef exports totaled 11,600 mt, up 1 percent from the previous week and 6 percent above the previous four-week average. Exports declined to Canada (840 mt, -1 percent), but increased to all other major destinations including Japan (3,520 mt, +2 percent), Korea (2,650 mt, +11 percent), Hong Kong (2,160 mt, +21 percent), Mexico (1,370 mt, +5 percent) and Taiwan (590 mt, +4 percent).

Beef net sales were 14,400 mt, up 82 percent from the previous week and 51 percent above the previous four-week average. Increases to Japan (6,580 mt, +95 percent), Korea (3,000 mt, +71 percent), Taiwan (940 mt, +64 percent), Canada (930 mt, +34 percent) and Hong Kong (820 mt, +3 percent) more than offset slower sales to Mexico (1,100 mt, -20 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.