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Strong Week for U.S. Net Sales; Exports Mixed

WeeklyBeefExports

U.S. beef exports for the week of Jan. 30 through Feb. 5 totaled 11,500 metric tons (mt), up 4 percent from the previous four-week average. Larger volumes reported for South Korea (2,800 mt, +39 percent), Hong Kong (2,000 mt, +17 percent) and Taiwan (620 mt, +26 percent), offset smaller shipments to Japan (2,700 mt, -11 percent), Mexico (1,400 mt, -26 percent) and Canada (900 mt, -17 percent).

Weekly Beef Sales

Beef net sales were 13,800 mt, up 23 percent from the previous four-week average. Large sales for Japan (7,800 mt, +243 percent) and another positive week for Hong Kong (1,300 mt) offset slower sales for Korea (2,000 mt, -31 percent), Mexico (900 mt, -66 percent), Canada (600 mt, -27 percent) and Taiwan (160 mt, -73 percent).

U.S. pork exports totaled 17,600 mt, down 3 percent from the previous four-week average despite larger volumes to Mexico (7,000 mt, +6 percent), Korea (4,400 mt, +15 percent) and Colombia (600 mt, +28 percent). Exports trended lower for Japan (2,600 mt, -21 percent), Canada (1,200 mt, -22 percent), Australia (400 mt, -1 percent) and Hong Kong (270 mt, -55 percent).

Pork net sales were 24,200 mt, up 10 percent from the previous four-week average. Larger sales for Japan (4,400 mt, +100 percent and the largest since first week of January), China (3,700 mt, a level not seen since November), Australia (2,600 mt, the largest since August), Canada (2,250 mt, +37 percent) and Colombia (1,350 mt, +94 percent) offset slower sales to Mexico (5,000 mt, -47 percent), Korea (3,200 mt, -39 percent) and Hong Kong (83 mt, -82 percent).





NOTES:

  • 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 cancelations or adjustments.