Weekly U.S. beef exports cut in half

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U.S. beef export sales tumbled lower last week, down 51 percent to 15,333 metric tons. Export sales fell 16,132 MT, to settle 620 MT below the 27-week average. The decline also move the four-week average 16 percent lower than the previous figure. Sales increases were recorded for Japan (5,200 MT), Canada (3,000 MT) and Mexico (2,400 MT). Hong Kong and South Korea purchased 1,200 MT and 900 MT respectively.

Export shipments increased over the previous week, up 15 percent. The higher shipments, totaling 15,502 MT is up 2,050 MT from a week earlier. Higher U.S. beef export shipments this week ended five weeks of consecutive losses. Shipments were primarily to Japan (3,500 MT), Canada (3,300 MT), Mexico (3,000 MT), South Korea (1,500 MT), and Vietnam (1,000 MT). 

REPORT THIS WEEK LAST WEEK DIFFERENCE
  Sales 15,333 31,465 -16,132
 
SALES 10 WEEKS 27 WEEKS THIS YEAR
Average 14,949 15,953 19,692
High 31,465 67,124 67,124
Low 3,878 3,878 3,878
 
 
Chart
 

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



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