U.S. beef exports for the week of Sept. 5-11 totaled 14,800 metric tons (mt), up 15 percent from the previous four-week average. Primary destinations were Japan (4,500 mt, +6 percent), Hong Kong (2,800 mt, +25 percent), South Korea (2,400 mt, +25 percent), Mexico (2,200 mt, +13 percent), Taiwan (1,000 mt, +74 percent) and Canada (1,000 MT, -7 percent).
Beef net sales finally rebounded at 15,600 mt, up 49 percent from the previous four-week average with another big week for Hong Kong (6,000 mt, +107 percent) and large volumes for Japan (4,700 mt, +96 percent) and Taiwan (900 mt, +80 percent). Sales for other major destinations were lower, including Mexico (1,300 mt, -14 percent), Korea (1,200 mt, -16 percent) and Canada (850 mt, -15 percent).
U.S. pork exports totaled 17,800 mt, up 22 percent from the previous four-week average. Exports were primarily to Mexico (6,400 mt, +19 percent), Japan (3,700 mt, +36 percent), Korea (2,400 mt, +55 percent), Canada (1,800 mt, +24 percent) and Hong Kong (1,300 mt, -5 percent).
Pork net sales were 22,900 mt, up 34 percent from the previous four-week average. Sales to China (3,600 mt, +12,779 percent) rebounded after minimal sales were reported in the previous five weeks. Volumes were also larger for Canada (5,500 mt, +236 percent) and Hong Kong (1,800 mt, +8 percent), but trended lower for Mexico (5,900 mt, -19 percent), Japan (2,100 mt, -39 percent) and Korea (1,700 mt, -50 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 cancelations or adjustments.