Marginal gains for weekly beef export shipments

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U.S. beef export shipments increased by 44 metric tons to 17,768 MT last week. Shipments have improved for four consecutive weeks, but have seen only marginal gains over the last two weeks. Export shipments are now 1,047 MT above the 27-week average. Shipments were primarily to Mexico who received 5,000 MT last week. South Korea was second (3,100 MT), followed by Canada (2,400 MT), Japan (2,100 MT) and Vietnam (1,400 MT).

Beef export sales fell 16 percent from the previous week and 15 percent from the prior four-week average. Last week’s sales set a new 10-week low and were only 1,183 MT above the 27-week low. Sales increases were seen in U.S. border countries Mexico (5,900 MT) and Canada (2,300 MT). Increases were also seen in Hong Kong (1,400 MT), Japan (1,000 MT) and Egypt (800 MT). Decreases were reported for Vietnam (800 MT) and Taiwan (400 MT).  Net sales of 12,700 MT for delivery in the 2013 marketing year were primarily for Vietnam (4,500 MT), South Korea (2,600 MT), Hong Kong (2,000 MT), and Japan (1,400 MT). 


REPORT THIS WEEK LAST WEEK DIFFERENCE
  Sales 10,977 13,099 -2,122
 
SALES 10 WEEKS 27 WEEKS THIS YEAR
Average 13,968 15,254 16,535
High 19,362 20,925 52,009
Low 10,977 9,794 -9,660
 
 
Chart
 

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


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