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Big Week for U.S. Pork to Mexico; Beef Sales Trend Lower

U.S. pork exports for the week of Aug. 12-18 totaled 18,200 metric tons (mt), up 2 percent from the previous week and steady with the previous four-week average. Exports to Mexico (7,380 mt, +17 percent) were the largest since December, while exports also trended slightly higher for Hong Kong (1,140 mt, +1 percent) and steady for Chile (370 mt). Exports were lower for Japan (3,560 mt, -15 percent), Canada (1,390 mt, -10 percent), China (1,390 mt, -20 percent), South Korea (1,170 mt, -5 percent), Australia (500 mt, -1 percent) and Colombia (330 mt, -8 percent).

Pork net sales were 27,100 mt, up 77 percent from the previous week and 87 percent above the previous four-week average. Sales were led by significant increases to Mexico (9,150 mt, +102 percent and the largest since May), Korea (6,570 mt, +347 percent and the largest since June 2015) and Japan (6,210 mt, +52 percent and the largest since April). Sales were also higher for Canada (1,710 mt, +34 percent), Australia (1,100 mt, +7 percent) and Colombia (460 mt, +105 percent). Net sales for China (300 mt) were positive for the fourth consecutive week, following three weeks of corrections. Sales slowed to Hong Kong (950 mt, -1 percent) and Chile (50 mt, -92 percent). For 2017, net sales were reported for Australia (2,000 mt).

U.S. beef exports totaled 13,900 mt, down 5 percent from the previous week and 4 percent below the previous four-week average, as modest increases for Korea (4,120 mt, +5 percent), Hong Kong (1,260 mt, +6 percent), Taiwan (1,100 mt, +1 percent) and Canada (1,020 mt, +3 percent) were offset by lower exports to Japan (4,060 mt, -14 percent) and Mexico (1,690 mt, -9 percent).

Beef net sales were 8,000 mt, down 43 percent from the previous week and 53 percent below the previous four-week average. Sales increased to Taiwan (1,350 mt, +13 percent) but slowed to other main destinations including Korea (1,970 mt, -47 percent), Mexico (1,210 mt, -40 percent), Hong Kong (1,230 mt, -48 percent), Japan (930 mt, -85 percent) and Canada (480 mt, -46 percent). For 2017, net sales of 100 mt were reported for Taiwan.

  • 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.

Pork exports

 

Beef Exports