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U.S. Pork Exports Edge Higher, Beef Exports Down Slightly

U.S. pork exports for the week of Aug. 19-25 totaled 18,800 metric tons (mt), up 4 percent from the previous week and 4 percent above the previous four-week average. Increased exports to Mexico (7,300 mt, +11 percent), South Korea (1,760 mt, +53 percent and the largest since May), Chile (610 mt, +69 percent and the largest since March) and Colombia (360 mt, +4 percent) more than offset slower sales to Japan (4,000 mt, -1 percent), Canada (1,470 mt, -6 percent), China (1,430 mt, -3 percent), Hong Kong (860 mt, -26 percent) and Australia (510 mt, -1 percent).

Pork net sales were 24,100 mt, down 11 percent from the previous week but 30 percent above the previous four-week average. Sales increased to Mexico (10,260 mt, +109 percent and the largest since April), Hong Kong (3,030 mt, +230 percent and the largest since May), Canada (1,630 mt, +14 percent), Colombia (1,130 mt, +228 percent and the largest since June 2015) and China (530 mt, +14 percent), while sales slowed to Japan (2,550 mt, -47 percent), Korea (2,380 mt, -22 percent), Australia (450 mt, -62 percent) and Chile (330 mt, -39 percent). For 2017, net sales were reported for New Zealand (300 mt) and Colombia (100 mt).

U.S. beef exports totaled 13,800 mt, down 1 percent from the previous week and 4 percent below the previous four-week average. Exports to Hong Kong (2,030 MT, +58 percent) were the largest since March, but exports declined to Korea (3,740 mt, -7 percent), Japan (3,630 mt, -18 percent), Mexico (1,620 mt, -11 percent), Taiwan (1,060 mt, -9 percent) and Canada (840 mt, -7 percent).

Beef net sales were 11,400 mt, up 42 percent from the previous week but 18 percent below the previous four-week average. Increased sales to Korea (5,110 mt, +83 percent), Mexico (1,720 mt, +15 percent) and Canada (810 mt, +22 percent) were outweighed by slower sales to Hong Kong (1,580 mt, -23 percent), Japan (660 mt, -87 percent) and Taiwan (610 mt, -51 percent).

  • 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.

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