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U.S. Beef Net Sales Trend Higher; Other Results Lower

Weekly-Beef-Sales

U.S. beef exports for the week of August 14-20 totaled 10,500 metric tons (mt), up 6 percent from the previous week but 1 percent below the previous four-week average. Modest increases to Japan (3,600 mt, +5 percent), South Korea (2,300 mt, +2 percent) and Taiwan (800 mt, +9 percent) nearly offset lower totals for Mexico (1,400 mt, -6 percent), Canada (900 mt, -25 percent) and Hong Kong (700 mt, -19 percent).

Beef net sales were 12,800 mt, up 54 percent from the previous week and 57 percent above the previous four-week average. Increases were reported for most primary destinations, led by Hong Kong (4,500 mt, +331 percent), Korea (3,600 mt, +229 percent), Mexico (1,300 mt, +77 percent) and Canada (900 mt, +7 percent). Net sales to Taiwan (450 mt) were steady, while sales to Japan slowed (1,200 mt, -63 percent).

Weekly-Pork-Sales

U.S. pork exports totaled 16,300 mt, up 4 percent from the previous week but 10 percent lower than the previous four-week average. Increases to Mexico (7,000 mt, +1 percent), Canada (1,900 mt, +18 percent), Taiwan (500 mt, +34 percent), China (475 mt, +12 percent) and Hong Kong (330 mt, +13 percent) did not fully offset lower volumes to Japan (3,700 mt, -5 percent), Korea (900 mt, -20 percent) and Colombia (440 mt, -28 percent).

Pork net sales were 16,300 mt, down 22 percent from the previous week and down 12 percent from the previous four-week average. Sales increased to Mexico (8,300 mt, +36 percent), Korea (2,500 mt, +263 percent), Hong Kong (1,300 mt, +286 percent), Colombia (800 mt, +42 percent) and Taiwan (220 mt, +15 percent), but slowed to Japan (1,700 mt, -65 percent), Canada (1,100 mt, -40 percent) and China (200 mt, -78 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.