Weekly beef export shipments fall near 10-week low

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Export shipments of U.S. beef were 1,594 metric tons lower last week, down to 12,539 MT and only 26 MT above the 10-week low set two weeks earlier.

The lower shipment total remains near data recorded since the government shutdown in October. Shipments were primarily to Mexico, who received 3,600 MT. Other countries receiving notable shipments include South Korea (1,300 MT), Canada (1,200 MT), Japan (1,200 MT), and Hong Kong (600 MT). 

Beef export sales improved by 2,072 metric tons to 11,523 MT. The higher total is 3,333 MT below the 27-week average o f 14,856 MT. Sales for 2013 were led by South Korea, purchasing 2,600 MT. Hong Kong and Mexico were close behind with 2,400 MT and 2,300 MT respectively. Japan purchased 2,000 MT and Canada rounded out the list with 1,300 MT. Net sales of 200 MT for 2014 resulted as increases for Hong Kong (500 MT), Mexico (400 MT), Taiwan (300 MT), and South Korea (100 MT), were more than offset by decreases for Japan (1,200 MT). 


REPORT THIS WEEK LAST WEEK DIFFERENCE
  Shipments 12,539 14,133 -1,594
 
SHIPMENTS 10 WEEKS 27 WEEKS THIS YEAR
Average 16,265 14,967 14,473
High 35,881 35,881 35,881
Low 12,513 11,632 7,324
 
 
Chart
 

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


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