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Strong Week for U.S. Exports; Slow Pork Sales

U.S. pork exports for the week of June 3-9 totaled 21,000 metric tons (mt), up 20 percent from the previous week and 4 percent above the previous four-week average. Exports increased to Japan (4,580 mt, up 21 percent), Australia (1,070 mt, up 9 percent), Hong Kong (960 mt, up 8 percent), Colombia (410 mt, up 5 percent) and Chile (310 mt, up 427 percent and the largest since March). Exports decreased to Mexico (6,190 mt, down 1 percent), China (3,480 mt, down 9 percent), South Korea (1,710 mt, down 3 percent), Canada (1,190 mt, down 5 percent) and the Philippines (120 mt, down 25 percent).

Weekly-Pork-Exports

Pork net sales were 13,300 mt down 21 percent from the previous week and 12 percent below the previous four-week average. Increased sales to Japan (4,440 mt, up 30 percent), Mexico (3,770 mt, up 31 percent), Canada (1,450 mt, up 65 percent), the Philippines (580 mt, up 1,050 mt and the largest since April) and Chile (540 mt, up 333 percent and the largest since January) were outweighed by slower sales to South Korea (1,000 mt, down 3 percent), China (510 mt, down 87 percent), Hong Kong (360 mt, down 78 percent), Australia (320 mt, down 26 percent) and Colombia (120 mt, down 50 percent) and corrections that resulted in negative net sales for New Zealand (-100 mt).

Weekly-Beef exports

U.S. beef exports totaled 13,300 mt, up 8 percent from the previous week and 2 percent above the previous four-week average. Increased exports to Japan (4,980 mt, up 8 percent) and Canada (1,380 mt, up 7 percent) offset decreases to South Korea (2,780 mt, -2 percent), Mexico (1,560 mt, -8 percent), Hong Kong (920 mt, -17 percent) and Taiwan (700 mt, -13 percent).

Beef net sales β€” 15,100 mt β€” were up 20 percent from the previous week and 16 percent from the previous four-week average. Sales increased to South Korea (5,110 mt, up 50 percent), Mexico (2,010 mt, up 86 percent and the largest since April), Canada (1,700 mt, up 76 percent), and Taiwan (1,690 mt, up 57 percent), but slowed to Japan (3,670 mt, -21 percent) and Hong Kong (160 mt, -88 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 β€œnet” sales are reported as the difference between new sales and any cancellations or adjustments.