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U.S. Exports Fairly Steady to End June; Solid Week for Net Sales

U.S. pork exports for the week of June 24-30 totaled 19,700 metric tons (mt) – unchanged from the previous week, but up 3 percent from the previous four-week average. Exports increased to Mexico (6,610 mt, +10 percent), Japan (4,210 mt, +8 percent), China (3,480 mt, +1 percent), Canada (1,690 mt, +35 percent and the largest since March) and the Dominican Republic (290 mt, +211 percent), but declined for South Korea (820 mt, -41 percent), Hong Kong (750 mt, -26 percent) and Australia (750 mt, -3 percent).

Pork net sales were 16,200 mt, up 22 percent from the previous week and 2 percent above the previous four-week average. Significant increases for Mexico (7,230 mt, +66 percent) and Canada (2,150 mt, +35 percent) and steady sales to Japan (3,610 mt) outweighed slower sales to Korea (930 mt, -31 percent), Hong Kong (820 mt, -50 percent), China (310 mt, -84 percent) and Australia (140 mt, -31 percent).

U.S. beef exports totaled 13,200 mt, down 7 percent from the previous week and 3 percent below the previous four-week average. Increases to Japan (5,140 mt, +7 percent), Mexico (1,550 mt, +5 percent) and Taiwan (940 mt, +7 percent) were offset by lower volumes for Korea (3,050 mt, -5 percent), Canada (1,360 mt, -2 percent) and Hong Kong (760 mt, -33 percent).

Beef net sales were 15,400 mt, up 6 percent from the previous week and 5 percent above the previous four-week average. Sales for Taiwan (1,940 mt, +81 percent) were the largest since October 2010. Along with increases for Korea (5,340 mt, +42 percent) and Mexico (2,030 mt, +23 percent and the largest since April), these results more than offset slower sales to Japan (2,260 mt, -48 percent), Hong Kong (1,440 mt, -10 percent) and Canada (930 mt, -40 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.