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U.S. Beef Net Sales Highest of 2014; Net Sales also Strong for Pork

Weekly-Exports

U.S. beef exports for the week of April 4-10 totaled 12,700 metric tons (mt), which was steady with the previous four-week average. Volumes were larger for South Korea (2,300 mt, +28 percent) and Canada (900 mt, +21 percent), while Taiwan was steady at 640 mt. Exports trended lower for Japan (3,700 mt, -3 percent), Hong Kong (2,200 mt, -8 percent) and Mexico (2,100 MT, -11 percent).

Weekly-Sales

Beef net sales of 21,900 mt were the largest of 2014 and up 41 percent from the previous four-week average. Sales for Japan (7,800 mt, +87 percent) were the largest since August. Sales also trended higher for Mexico (3,800 mt, +60 percent and the largest since November), Korea (3,500 mt, +21 percent and following large sales in the previous week), Canada (1,500 mt, +116 percent and the largest since January) and Taiwan (800 mt, +5 percent). Sales trended lower for Hong Kong (2,400 mt, -28 percent). Net sales have been running ahead of year-ago levels for the past five weeks.

U.S. pork exports totaled 9,500 mt, down 8 percent from the previous four-week average. Exports were primarily to Mexico (3,500 mt, -4 percent), Japan (1,500 mt, +13 percent), Canada (1,000 mt, +37 percent), Korea (800 mt, -46 percent), the Philippines (600 mt, +295 percent), and Hong Kong (440 mt, -55 percent). The first 2014 exports were also reported for Russia (260 mt).

Pork net sales of 8,600 mt were up 15 percent from the previous four-week average and were mainly reported for Korea (2,300 mt, +370 percent), Canada (1,800 mt, +148 percent), Japan (1,500 mt, +76 percent), Mexico (1,100 mt, -64 percent) and the Philippines (500 mt, +725 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