print
print

U.S. Exports Mixed; Net Sales Trend Higher

WeeklyBeefExports

U.S. beef exports for the week of Feb. 13-19 totaled 11,500 metric tons (mt), up 6 percent from the previous four-week average. Exports trended higher for Mexico (2,000 mt, +15 percent), Hong Kong (2,000 mt, +37 percent) and Taiwan (700 mt, +percent), while shipments slowed to Japan (2,400 mt, -7 percent), South Korea (2,400 mt, -4 percent) and Canada (700 mt, -33 percent).

Beef net sales were 13,900 mt, up 15 percent from the previous four-week average, driven by larger sales to Hong Kong (4,000 mt, +37 percent, the largest since December) and Taiwan (1,100 mt, +130 percent and the largest since November). Sales trended lower to Japan (3,800 mt, -7 percent), Korea (2,200 mt, -10 percent), Mexico (1,200 mt, -45 percent) and Canada (800 mt, -8 percent).

WeeklyBeefSales

U.S. pork exports totaled 16,000 mt, down 11 percent from the previous four-week average. Shipments were smaller to Mexico (6,200 mt, -10 percent), Japan (2,400 mt, -16 percent) and Hong Kong (230 mt, -53 percent), while exports trended higher for Korea (3,900 mt, +2 percent) and Canada (1,600 mt, +18 percent) and were steady for Chile (300 mt).

Pork net sales were 19,000 mt, up 3 percent from the previous four-week average, on larger sales for Japan (7,600 mt, +195 percent and the largest since increased reporting began in July 2014), China (2,200 mt, +117 percent, the second week of significant sales this month), the Philippines (900 mt, +164 percent, following similar sales the previous week) and Hong Kong (400 mt, +77 percent). Sales slowed for Mexico (3,900 mt, -42 percent), Korea (1,500 mt, -46 percent), Australia (850 mt, -16 percent) and Canada (400 mt, -60 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.