U.S. beef export sales fell10 percent last week, decreasing by 1,337 metric tons to 12,664 MT. Sales remain under the 27-week average and are 1,337 MT above the 10-week low. The lower export sales moves the four-week average 3 percent lower than the previous average. Increases were noted for Mexico (3,800 MT), Canada (2,100 MT), South Korea (1,300 MT), Japan (1,100 MT) and Egypt (800 MT).
Net sales of 2,100 MT for delivery in the 2013 marketing year were primarily for South Korea (800 MT), Hong Kong (500 MT), Taiwan (400 MT), and Vietnam (300 MT).
Export shipments were up seven percent last week, improving for the second consecutive week and only 498 MT below the 10-week high. Mexico led all countries with 4,200 metric tons, followed by Canada and South Korea, each with 2,900 MT. Japan and Vietnam received 1,800 MT and 1,300 MT respectively.