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U.S. Beef Exports Edge Higher; Slow Week for Pork

Beef-Weekly-Exports-Sales

U.S. beef exports for the week of May 22-28 totaled 12,200 metric tons (mt), up 4 percent from the previous four-week average. Exports trended higher for most main destinations including Japan (3,900 mt, +8 percent), South Korea (2,400 mt, +1 percent), Hong Kong (1,500 mt, +3 percent), Canada (1,400 mt, +22 percent) and Taiwan (900 mt, +15 percent). Exports slowed to Mexico (1,500 mt, -13 percent).

Following two big weeks, beef net sales slowed to 11,700 mt, down 26 percent from the previous four-week average. Sales were mainly reported for Japan (6,200 mt, +84 percent and the largest since March), Mexico (1,900 mt, +9 percent), Korea (1,600 mt, -49% following large sales last week), Canada (1,100 mt, -40 percent) and Taiwan (300 mt, -58 percent).

Pork-Beef-Weekly-Exports-Sales

U.S. pork exports totaled 17,100 mt, down 14 percent from the previous four-week average. Primary destinations were Mexico (5,900 mt, -8 percent), Japan (3,100 mt, -9 percent), Korea (1,800 mt, -33 percent), Canada (1,600 mt, -7 percent), China (1,400 mt, -19 percent) and Hong Kong (550 MT, -3 percent).

Pork net sales were 12,400 mt, also down 14 percent from the previous four-week average and mainly reported for Mexico (5,700 mt, +14 percent), Japan (2,400 mt, -7 percent), Canada (2,300 mt, +83 percent), Korea (800 mt, -43 percent), Colombia (200 mt, following negative net sales the previous week) and Hong Kong (170 mt, -70 percent). Net sales for China have been minimal since early April.