U.S. beef export sales increased by almost 300 percent last week, jumping 11,550 metric tons to 15,428 MT. The increase moves beef export sales above the 27-week average, but 2,393 MT below the 10-week average. The recent surge in beef export sales increased the four-week average by 43 percent compared to the previous figure. Increases were reported for Japan (6,800 MT), Mexico (3,100 MT), Canada (1,200 MT), South Korea (1,100 MT), and Taiwan (1,000 MT).
Beef export shipments fell two percent last week, dropping 298 metric tons to 14,630 MT. Export shipments remain above the 10-week average, but are 1,153 MT below the 27-week average. Last week’s beef exports were primarily to Mexico (3,200 MT), Japan (2,500 MT) and Canada (2,000 MT). Shipments to South Korea, and Hong Kong were 1,700 MT and 1,400 MT respectively.