print
print

U.S. Exports, Net Sales Open June on Strong Note

Weekly-Pork-Exports-Sales

U.S. pork exports for the week of May 29-June 4 reached a 2015 high of 26,300 metric tons (mt), up 44 percent from the previous four-week average. Exports trended higher for most destinations, including record-large volumes for both Chile (2,700 mt) and the Dominican Republic (1,500 mt). Exports were also larger for Mexico (7,000 mt, +17 percent), Japan (4,000 mt, +26 percent), Canada (2,000 mt, +14 percent), China (1,600 mt, steady), Hong Kong (1,400 mt, +180 percent) and Australia (800 mt, +39 percent), while exports trended lower for South Korea (1,700 mt, -22 percent).

Pork net sales were 26,000 mt, up 96 percent from the previous four-week average, with larger sales for Mexico (9,900 mt, +90 percent), Japan (4,000 mt, +53 percent), Canada (2,700 mt, +92 percent), Korea (1,000 mt, +36 percent), Australia (800 mt, +23 percent) and Hong Kong (700 mt, +51 percent). Net sales were also record-large for Chile (2,500 mt) and the Dominican Republic (1,400 mt). Sales for China have been minimal since early April.

Weekly-Beef-Exports-Sales

U.S. beef exports trended seasonally higher to 14,000 mt – also a marketing year high and up 18 percent from the previous four-week average. Exports were higher for all main destinations, including Japan (3,600 mt, +2 percent), Korea (2,700 mt, +12 percent), Hong Kong (2,300 mt, +46 percent), Canada (1,900 mt, +60 percent), Mexico (1,800 mt, +10 percent) and Taiwan (940 mt, +26 percent).

Beef net sales were 16,400 mt, up 9 percent from the previous-week average with larger bookings for Japan (5,900 mt, +66 percent), Korea (3,300 mt, +6 percent) and Taiwan (1,700 mt, +202 percent). Sales slowed for Hong Kong (1,700 mt, -52 percent), Mexico (1,600 MT, -14 percent) and Canada (1,500 mt, -9 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.