Weekly beef export sales rise 33 percent

U.S. beef export sales totaled 19,362 metric tons last week, increasing by 33 percent over the previous week. The new 10-week high lifts the four-week average by 28 percent over the previous average. Generous sales increases were noted for South Korea (3,900 MT), Mexico (3,700 MT) and Canada (3,100 MT). Increases were also recorded for Japan (2,200 MT) and Vietnam (1,500 MT).

Beef export shipments fell 13 percent last week falling to 15,684 metric tons. The decline erases all of the previous week’s increase and brings shipments below the 27-week average. Beef export shipments were primarily to Mexico, receiving 3,100 metric tons. Japan was second-highest, receiving 2,400 MT, followed by South Korea (2,200 MT), Canada (1,900 MT) and Vietnam (1,500 MT).

REPORT THIS WEEK LAST WEEK DIFFERENCE   Sales 19,362 14,588 4,774 SALES 10 WEEKS 27 WEEKS THIS YEAR Average 15,155 16,354 17,140 High 19,362 20,925 52,009 Low 9,794 9,794 -9,660

Data provided by iNet Solutions Group, Inc. All commodity prices delayed 10 minutes.

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