Weekly beef export sales dip lower

 Resize text         Printer-friendly version of this article Printer-friendly version of this article

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).   


REPORT THIS WEEK LAST WEEK DIFFERENCE
  Sales 11,402 14,881 -3,479
 
SALES 10 WEEKS 27 WEEKS THIS YEAR
Average 14,232 14,070 15,972
High 19,972 31,465 67,124
Low 8,989 3,878 3,878
 
 
Chart
 

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


Comments (0) Leave a comment 

Name
e-Mail (required)
Location

Comment:

characters left


7080 Series Self-propelled Forage Harvesters

ProDrive™ senses which axle has more traction and sends power to that axle. A new faster, more reliable spout turning ... Read More

View all Products in this segment

View All Buyers Guides

Feedback Form
Leads to Insight