Weekly beef export sales double to new marketing-year high

U.S. beef export sales increased by 104 percent last week, doubling to 31,465 metric tons. The increase of 16,037 MT moves export sales higher for the second consecutive week. Export sales were primarily to Japan, purchasing 16,700 MT, followed by Hong Kong (4,200 MT) and Mexico (3,200 MT). South Korea and Canada purchased 2,800 MT and 1,200 MT respectively.

Export shipments experienced a small setback last week, down 1,178 metric tons to 13,452 MT. Shipments have declined for the fifth consecutive week and last week’s total is 1,222 MT below the 10-week average. Export shipments were primarily to Mexico (3,100 MT), Japan (2,800 MT), South Korea (1,800 MT), Canada (1,700 MT), and Vietnam (1,000 MT). 

	REPORT THIS WEEK LAST WEEK DIFFERENCE   Sales 31,465 15,428 16,037 SALES 10 WEEKS 27 WEEKS THIS YEAR Average 20,128 16,006 20,128 High 67,124 67,124 67,124 Low 3,878 3,878 3,878 Data provided by iNet Solutions Group, Inc. All commodity prices delayed 10 minutes.

1. Vilsack: Taking time to remember the fallen
2. Livestock Marketing: Beef prices remain strong, cattle pressured
3. Farm Bill progress
4. Feeder cattle review: Choice beef prices keep rolling higher
5. Ag markets diverge just before the long holiday weekend
6. Armyworms eat fescue pastures, hayfields

1. Commentary: New rules un-COOL
2. Former Eastern Livestock CEO, CFO sentenced for federal crimes
3. TSCRA works with sale barns to catch Houston cattle thief
4. NASA backs 3D food printer to feed growing population
5. More beef cows in worst drought regions than a year ago
6. Post-tornado composting a solution for disposal of dead livestock

1. Commentary: New rules un-COOL
2. Commentary: In praise of animal foods
3. What’s on America’s grill this weekend?
4. NASA backs 3D food printer to feed growing population
5. Meat industry associations quick to attack the new MCOOL rule
6. Commentary: Message to Occupy Monsanto: Occupy yourself