Beef export sales make small improvement

The USDA released this week’s beef export data Thursday morning, revealing a small move higher in net beef sales. Exports moved higher by less than one percent, increasing from 16,680 to 16,700 metric tons. Net export sales remain just under the average for the year and almost half of the year’s highest point set on January 9^th.

Japan accepted the highest deliveries this week with 4,800 MT, Canada was second, receiving 3,300 MT and South Korea received the third-highest shipment from the U.S. with 2,000 MT.

Cattle futures moved lower Wednesday as commodity selling slows trading. Expectations remain optimistic for cattle to rebound on higher beef demand this summer.

REPORT THIS WEEK LAST WEEK DIFFERENCE   Sales 16,680 17,146 -466 SALES 10 WEEKS 27 WEEKS THIS YEAR Average 15,804 15,033 17,276 High 19,075 35,163 35,163 Low 10,469 3,856 9,857

1. Another droughty summer forecast for West Texas
2. Do opponents of crop insurance oppose farm programs in general?
3. Ag markets generally mixed again Tuesday morning
4. UK first in EU to get Merck's new Schmallenberg vaccine
5. Will this summer be a repeat of 2012?
6. 4 rules for growing a business or industry

1. Michigan hay buyers should plan purchases early
2. New animal identification rules aid disease traceability
3. Corn planting pace turns from record slow to record fast
4. U.S. cattle placements rise in April as feed costs subside
5. Survey reveals most Americans in favor of COOL
6. Ag markets were mixed to start the new week

1. Meat and climate change: How significant is the impact?
2. BeefTalk: How do we get the next generation to raise beef?
3. 2014 Farm Bill: Are we near an agreement?
4. Farm bill and immigration reform action needed
5. Boxed beef hits record highs, cattle weak to lower
6. 4 rules for growing a business or industry