Weekly beef exports fall in last week of 2012

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U.S. beef export sales for the last week of the year were 24 percent lower than the previous week, taking the four-week average down 34 percent from the previous average. Sales fell for the second consecutive week to total 8,398 metric tons and a new 27-week low. Sales increases were recorded for Mexico (2,000 MT), South Korea (1,800 MT) and Canada (1,300 MT). Increases were also noted for Japan (900 MT) and Vietnam (700 MT). Sales of 1,300 MT for delivery in the 2013 marketing year were primarily for South Korea (1,000 MT), Hong Kong (300 MT), Mexico (300 MT), and Canada (200 MT).  Decreases were reported for Japan (700 MT) and Vietnam (200 MT). 

Export shipments also declined last week, down 29 percent to 12,583 metric tons. The steep drop off of 5,185 MT from the previous week also set a 27-week low. Export shipments were primarily to Mexico, receiving 3,300 MT, followed by South Korea (2,000 MT), Canada (1,700 MT), Japan (1,500 MT) and Hong Kong (1,400 MT).

REPORT THIS WEEK LAST WEEK DIFFERENCE
  Sales 8,398 10,977 -2,579
 
SALES 10 WEEKS 27 WEEKS THIS YEAR
Average 13,149 14,884 0
High 19,362 20,925 0
Low 8,398 8,398 0
 
 
Chart
 

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

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