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Solid Week for U.S. Exports; Net Sales Improve from Previous Week’s Low Totals

U.S. pork exports for the week of Sept. 16-22 totaled 19,100 metric tons (mt), up 9 percent from the previous week and 5 percent above the previous four-week average. Exports increased to Japan (3,940 mt, +5 percent), Hong Kong (1,460 mt, +50 percent and the largest since October 2014), China (1,380 mt, +19 percent), the Philippines (750 mt, +236 percent and the largest since October) and Colombia (450 mt, +31 percent), and exports were steady to Mexico (7,210 mt). Exports trended lower for Canada (1,280 mt, -16 percent), South Korea (1,200 mt, -10 percent) and Australia (470 mt, -4 percent).

Pork net sales were 18,200 mt, up 25 percent from the previous week but still 13 percent below the previous four-week average. Increases to Hong Kong (3,380 mt, +162 percent and the largest since March 2015), Canada (2,440 mt, +30 percent), China (1,600 mt, +321 percent and the largest since June) and Australia (180 mt, +22 percent) were outweighed by slower sales to Japan (3,280 mt, -3 percent), Mexico (3,190 mt, -56 percent), Korea (1,720 mt, -49 percent), Colombia (830 mt, -22 percent) and the Philippines (520 mt, -8 percent). For 2017, net sales were reported for China (800 mt) and Australia (100 mt).

U.S. beef exports totaled 14,000 mt, up 2 percent from the previous week and 6 percent above the previous four-week average. Exports increased to Hong Kong (2,050 mt, +3 percent), Mexico (2,040 mt, +17 percent), Canada (1,250 mt, +43 percent) and Taiwan (1,120 mt, +9 percent), but declined to Japan (3,560 mt, -4 percent) and Korea (3,160 mt, -2 percent).

Beef net sales were 13,400 mt, up noticeably from the previous week’s 2016 low and 24 percent above the previous four-week average. Sales increases to Korea (6,820 mt, +98 percent and the largest since March), Japan (2,820 mt, following a week of corrections) and Canada (1,050 mt, +21 percent) more than offset slower sales to Mexico (1,220 mt, -29 percent), Hong Kong (790 mt, -56 percent) and Taiwan (350 mt, -57 percent). Net sales of 300 mt were reported for 2017, mainly for Japan (100 mt) and Hong Kong (100 mt).

  • 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.
Weekly-Pork-Exports

 

Weekly-Beef-Exports