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Strong Week for U.S. Pork; Beef Sharply Lower

U.S. pork exports for the week of Aug. 26 through Sept. 1 totaled 19,500 metric tons (mt), up 4 percent from the previous week and 8 percent above the previous four-week average.

Increased exports to Mexico (7,500 mt, +9 percent and the largest since December), Japan (4,050 mt, +4 percent), Hong Kong (1,260 mt, +16 percent and the largest since June 2015), Chile (690 mt, +54 percent and the largest since March), the Philippines (610 mt, +305 percent and the largest since October) and Colombia (530 mt, +44 percent) outweighed lower results for Canada (1,390 mt, -10 percent), China (1,320 mt, -1 percent), South Korea (960 mt, -24 percent) and Australia (380 mt, -13 percent).

Pork net sales were 24,300 mt, up 1 percent from the previous week and 16 percent above the previous four-week average. Sales increased to Korea (7,720 mt, +151 percent and the largest since June 2015), Canada (1,670 mt, +8 percent), Chile (1,380 mt, +119 percent and the largest since July 2015), Colombia (760 mt, +43 percent) and the Philippines (340 mt, +18 percent). Sales slowed to Mexico (6,110 mt, -10 percent), Japan (3,960 mt, -5 percent), Hong Kong (1,400 mt, -10 percent), China (510 mt, -6 percent) and Australia (140 mt, -86 percent).

U.S. beef exports were the lowest of 2016 at 8,100 mt, down 41 percent from the previous week and 43 percent below the previous four-week average. Exports were down to all primary destinations including Japan (2,750 mt, -34 percent), Korea (1,740 mt, -56 percent), Hong Kong (1,220 mt, -19 percent), Mexico (890 mt, -49 percent), Taiwan (770 mt, -32 percent) and Canada (330 mt, -61 percent).

Beef net sales were 9,200 mt, down 20 percent from the previous week and 36 percent below the previous four-week average. Sales increased to Canada (890 mt, +32 percent), but slowed to Japan (3,110 mt, -34 percent), Korea (3,100 mt, -10 percent), Mexico (880 mt, -43 percent), Hong Kong (530 mt, -74 percent) and Taiwan (130 mt, -87 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.

 

 

Weekly US Pork Exports

 

Weekly US Beef Exports