Beef exports for the week of Nov. 8-14 totaled 12,500 mt, down 1 percent from the previous four-week average and 14 percent lower than a year ago. Exports were primarily to Hong Kong (3,000 mt, +2 percent), Japan (2,600 mt, -7 percent), Mexico (2,400 mt, +13 percent), South Korea (1,700 mt, -2 percent), Canada (1,300 mt, -8 percent) and Taiwan (590 mt, -7 percent).
The decline compared to last year resulted from smaller volumes to Korea (-31 percent), Canada (-48 percent), (Taiwan -7 percent), Russia (-100 percent) and others (-27 percent). Exports were higher for Japan (+37 percent and Hong Kong/Vietnam (+16 percent) and steady for Mexico.
Net sales of 16,600 mt were up 68 percent from the previous four-week average and 24 percent higher than a year ago. Net sales were mainly reported for Mexico (5,700 mt, +169 percent and the largest this year), Japan (4,300 mt, +266 percent and the largest since August), Hong Kong (2,200 MT, +20 percent), Korea (2,200 mt, -1 percent), Canada (1,600 mt, +22 percent) and Taiwan (390 mt, -41 percent). Net sales for 2014 were 5,200 mt, consisting of Japan (2,700 mt), Hong Kong (1,700 mt) and Canada (600 mt).
Pork exports, net sales trend higher
Pork exports for the week totaled 10,500 mt, up 5.5 percent from the previous four-week average and were mainly reported for Mexico (3,900 mt), Japan (1,500 mt), Hong Kong (1,300 mt), Canada (1,000 mt) and Korea (900 mt). Net sales of 9,000 mt were up 11 percent from the previous four-week average and were primarily reported for Mexico (3,200 mt), Korea (2,100 mt), Canada (1,500 mt), Japan (700 mt) and Chile (400 mt).
- Percent change is compared to the previous four-week average, unless otherwise indicated. In the case of beef net sales, the four-week average has been adjusted to account for significant revisions.
- Mandatory pork export sales reporting is still in its early stages and the data represent less than 40 percent of chilled/frozen pork exports, so it is not yet representative of actual volume.
- Weekly data only includes exports and sales of whole muscle cuts, reported by the exporters to USDA/FAS Export Sales Reporting.