Weekly beef exports set new marketing year high

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U.S. beef export shipments improved by another 857 metric tons, reaching a 10-week high of 15,821 metric tons last week. Shipments increased for the second consecutive week, moving the four-week average 15 percent higher than the previous figure. Export shipments increased by six percent last week with shipments received by Japan (5,000 MT), Hong Kong (3,100 MT), Mexico (2,700 MT), Canada (2,300 MT), and South Korea (1,400 MT).   

Export sales of U.S. beef fell 4,076 metric tons lower last week, settling at 8,989 MT. The slump keeps sales under the 10-week average and 5,111 metric tons above the 27-week low. A sales decrease was noted for Japan (400 MT), however increases were recorded for Hong Kong (4,100 MT), Canada (1,800 MT), Mexico (1,500 MT), South Korea (800 MT), and Taiwan (600 MT).


REPORT THIS WEEK LAST WEEK DIFFERENCE
  Sales 8,989 13,065 -4,076
 
SALES 10 WEEKS 27 WEEKS THIS YEAR
Average 13,601 15,672 16,278
High 20,418 67,124 67,124
Low 4,700 3,878 3,878
 
 
Chart
 

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


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