print
print

U.S. Exports Mixed; Strong Week for Pork Net Sales

Weekly-Beef-Exports-Sales

U.S. beef exports for the week of June 12-18 totaled 13,800 metric tons (mt), down slightly from the previous week but 7 percent above the previous four-week average. Shipments trended higher for Japan (4,400 mt, +16 percent), South Korea (3,100 mt, +23 percent) and Canada (1,700 mt, +8 percent), while exports slowed for Hong Kong (1,600 mt, -15 percent), Mexico (1,500 mt, -9 percent) and Taiwan (900 mt, -6 percent). Year-to-date (through June 18), accumulated exports were down 8 percent from a year ago with larger volumes for Korea (+12 percent) and Taiwan (+7 percent). Exports for Japan were down just 1 percent, but larger decreases were reported for Mexico (-23 percent), Hong Kong (-19 percent), Canada (-16 percent) and “other” (-16 percent).

Beef net sales were 11,500 mt, down 20 percent from the previous four-week average. Sales were mainly reported for Korea (3,800 mt, +9 percent), Japan (2,300 mt, -41 percent), Mexico (1,800 mt, -14 percent), Canada (1,500 mt, +8 percent), Hong Kong (800 mt, -58 percent) and Taiwan (600 mt, -32 percent).

U.S. pork exports totaled 19,200 mt, down 5 percent from the previous four-week average. Primary destinations were Mexico (6,800 mt, +7 percent), Japan (3,100 mt, -12 percent), Korea (1,800 mt, steady), Canada (1,400 mt, -22 percent), China (1,000 mt, -29 percent), Chile (900 mt, +4 percent) and Australia (850 mt, +41 percent).

Weekly-Pork-Exports-Sales

Pork net sales were 20,500 mt, up 7 percent from the previous four-week average with larger sales for Mexico (9,100 mt, +5 percent), Japan (3,500 mt, +25 percent) and Korea (1,200 mt, +75 percent) offsetting slower bookings for Canada (1,300 mt, -22 percent) and China (1,000 mt, -26 percent following sales of 5,000 mt reported the previous week).








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.