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U.S. Exports Steady-to-Higher; Net Sales Down

WeeklyBeefExports

U.S. beef exports for the week of Feb. 6-12 totaled 11,500 metric tons (mt), which was steady with the previous week and up 7 percent from the previous four-week average. Shipments were larger to South Korea (3,400 mt, +58 percent), Mexico (1,800 mt, +1 percent) and Canada (1,000 mt, +28 percent), while exports slowed for Japan (2,300 mt, -14 percent), Hong Kong (1,500 mt, -7 percent) and Taiwan (450 mt, -7 percent).

Beef net sales were 10,800 mt, down 9 percent from the previous four-week average. Larger sales for Mexico (3,000 mt, +66 percent), Hong Kong (2,800 mt, +155 percent), Canada (1,100 mt, +28 percent) and Taiwan (560 mt, +6 percent) were offset by lower bookings for Japan (1,600 mt, -58 percent) and Korea (1,200 mt, -58 percent).

WeeklyBeefSales

U.S. pork exports totaled 17,900 mt, up 2 percent from the previous four-week average, and were mainly reported for Mexico (7,200 mt, +11 percent), Korea (3,400 mt, -13 percent), Japan (3,100 mt, +8 percent), Canada (1,300 mt, -8 percent), Colombia (600 mt, +21 percent) and Hong Kong (500 mt, +4 percent).

Pork net sales were 13,800 mt, down 34 percent from the previous four-week average, despite higher sales for Japan (3,200 mt, +47 percent) and the Philippines (900 mt, +488 percent). These gains were offset by lower results for Mexico (4,000 mt, -54 percent), Korea (2,200 mt, -39 percent), Colombia (600 mt, -32 percent) and Canada (300 mt, -84 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.