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U.S. Exports, Net Sales End September on Solid Note

U.S. pork exports for the week of Sept. 23-29 totaled 20,800 metric tons (mt), up 9 percent from the previous week and 14 percent above the previous four-week average. Exports increased to most main destinations including Mexico (8,050 mt, +12 percent and the largest since December), Japan (3,920 mt, +5 percent), South Korea (1,600 mt, +35 percent), Canada (1,520 mt, +4 percent), Hong Kong (1,340 mt, +19 percent), the Dominican Republic (770 mt, +896 percent and the largest since June 2015), the Philippines (730 mt, +83 percent), Colombia (600 mt, +65 percent and the largest in nearly a year) and Chile (440 mt, +5 percent). Exports were lower for China (990 mt, -14 percent) and Australia (170 mt, -65 percent).

Pork net sales were 21,300 mt, up 17 percent from the previous week and 10 percent above the previous four-week average. Sales increased to Mexico (6,770 mt, +24 percent), Korea (6,070 mt, +91 percent), China (1,220 mt, +89 percent), Colombia (1,080 mt, +9 percent), the Philippines (1,000 mt, +118 percent and the largest since August 2015), the Dominican Republic (380 mt, +270 percent and the largest since February) and Australia (130 mt, +75 percent), while sales slowed to Japan (2,320 mt, -35 percent), Canada (1,220 mt, -41 percent), Chile (200 mt, -77 percent) and Hong Kong (150 mt , -89 percent). A net sales reduction for 2017 was reported for Mexico (-100 mt).

U.S. beef exports totaled 13,600 mt, down 3 percent from the previous week but 2 percent above the previous four-week average. Exports increased to Korea (3,210 mt, +4 percent), Hong Kong (2,390 mt, +19 percent) and Canada (1,330 mt, +37 percent), but declined to Japan (3,410 mt, -8 percent), Mexico (1,550 mt, -16 percent) and Taiwan (950 mt, -9 percent).

Beef net sales were 17,600 mt, up 31 percent from the previous week and 56 percent above the previous four-week average. Increased sales to Korea (7,280 mt, +88 percent and the largest in more than three years), Japan (4,620 mt, +160 percent), Canada (2,060 mt, +120 percent and the largest since April) and Taiwan (1,160 mt, +56 percent) more than offset slower sales to Mexico (1,000 mt, -38 percent) and Hong Kong (840 mt, -47 percent). Net sales for 2017 were reported for Japan (4,400 mt), Korea (1,300 mt), Hong Kong (900 mt) and Taiwan (800 mt).

  • 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 cancellations or adjustments.

Weekly-US-Pork_exports

 

Weekly-US-Beef_exports