U.S. beef export sales fell 3,479 metric tons last week, moving from just above the 27-week average to 11,402 MT. The 23 percent fall moves export sales lower for the second consecutive week and totaled at about the midway point between the 10-week average and the 10-week low.
Export sales were primarily to Hong Kong, purchasing 3,200 MT, followed by Mexico (2,700 MT), Japan (1,800 MT) and Canada (1,600 MT). Taiwan purchased 900 MT of U.S. beef last week.
Beef export shipments were two percent higher last week, up 278 metric tons to 15,375 MT. The increase recovers some of the previous week’s losses and inches export shipments closer to the 10-week high of 15,821 MT. The increase also move the four week average 3 percent higher than last week’s total.
The primary destinations for U.S. beef were Japan (4,300 MT), Hong Kong (2,800 MT), Canada (2,700 MT), Mexico (2,500 MT), and South Korea (1,700 MT).