Weekly beef export sales fall 30 percent

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U.S. beef export sales decreased last week by 4,265 metric tons, a 30 percent decline from the previous week. Sales have been lower for three consecutive weeks and last week’s total of 10.065 MT sets a new 10-week low. Sales increases were led by Japan, up 5,000 metric tons, followed by Mexico (2,000 MT) and Canada (1,300 MT). Hong Kong purchased 1,000 MT last week.

Export shipments of U.S. beef also declined, down eight percent to 11,376 metric tons. The decrease of 1,015 MT moves last week’s total below the total set two weeks ago and sets a new 10-week low. Export shipments were primarily to Japan (3,900 MT), Mexico (2,300 MT) and South Korea (1,200 MT). Canada and Hong Kong had 1,100 MT and 900 MT respectively.

REPORT THIS WEEK LAST WEEK DIFFERENCE
  Sales 10,065 14,330 -4,265
 
SALES 10 WEEKS 27 WEEKS THIS YEAR
Average 15,733 15,875 17,317
High 31,465 67,124 67,124
Low 10,065 3,878 3,878
 
 
Chart
 

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


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