Weekly beef export sales 4-week average cut in half

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U.S. beef export sales were 39 percent lower last week with the five-day total 6,832 metric tons lower at 10,508 MT. The lower sales cut the four-week average by 47 percent compared to the previous figure. Sales increases were primarily for Japan, who purchased 4,700 MT. Mexico was second with 2,000 MT, followed by Canada (1,200 MT), Hong Kong (1,100 MT) and South Korea (600 MT).

Export shipments totaled 11,595 metric tons, a 33 percent decrease from the previous week. Export shipments were 5,718 metric tons lower, setting a new 10-week low. A majority of last week’s beef export shipments went to Japan (3,800 MT), followed by Mexico (1,800 MT), Canada (1,600 MT), Vietnam (1,100 MT), and South Korea (1,100 MT).




REPORT THIS WEEK LAST WEEK DIFFERENCE
  Shipments 11,595 17,313 -5,718
 
SHIPMENTS 10 WEEKS 27 WEEKS THIS YEAR
Average 15,263 15,592 14,703
High 17,534 18,027 17,534
Low 11,595 7,324 7,324
 
 
Chart
 

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


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