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Solid Week for U.S. Exports; Net Sales Lower

U.S. pork exports for the week of April 8-14 totaled 19,900 metric tons (mt), down 1 percent from last week’s 2016 high but 11 percent above the previous four-week average. Exports to Mexico (5,580 mt, +36 percent) were the largest since December, while volumes also increased to China (4,100 mt, +24 percent), South Korea (2,660 mt, +16 percent), Australia (1,210 mt, +137 percent and the largest since June) and Hong Kong (760 mt, +1 percent). These gains more than offset lower exports to Japan (3,100 mt, -27 percent), Canada (1,140 mt, -1 percent) and Colombia (240 mt, -41 percent).

Weekly Pork Exports

Pork net sales were 24,400 mt, down 12 percent from the previous week and 1 percent below the previous four-week average. Sales were the largest since September for Mexico (10,960 mt, +40 percent), and the largest since August for Colombia (780 mt, +395 percent), while also increasing for China (6,730 mt, +27 percent). Sales slowed to Japan (2,600 mt, -51 percent), Canada (740 mt, -43 percent), Korea (720 mt, -56 percent), Australia (570 mt, -64 percent) and Hong Kong (290 mt, -63 percent).

U.S. beef exports totaled 12,000 mt, up 1 percent from the previous week and 7 percent above the previous four-week average. Volumes were the largest since December for Mexico (1,920 MT, +29 percent) and Taiwan (990 MT, +57 percent), while also increasing to Korea (2,520 mt, +11 percent) and Hong Kong (1,440 mt, +4 percent). Exports declined to Japan (3,690 mt, -3 percent) and Canada (690 mt, -28 percent).

Beef-500

Beef net sales were 12,500 mt, down 30 percent from the previous week and 19 percent below the previous four-week average. Increased sales to Hong Kong (1,720 mt, +57 percent) were outweighed by slower sales to other main destinations including Japan (5,550 mt, -1 percent), Mexico (1,920 mt, -11 percent), Korea (1,570 mt, -58 percent), Taiwan (880 mt, -3 percent) and Canada (340 mt, -76 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.