Weekly beef export shipments recover from slow start to 2014

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U.S. beef export shipments recovered from a low start a week earlier, gaining 9,721 metric tons to total 12,007 MT last week.

After settling at a 27-week low the previous week, last week’s shipment total increases to 1,933 MT higher than the week before the significant drop. Shipments were primarily to Japan, receiving 2,600 metric tons. Other notable shipment totals include Mexico (2,300 MT), Hong Kong (2,200 MT), South Korea (2,100 MT), and Canada (1,500 MT).

Beef export sales were drastically lower last week, falling 20,618 metric tons to 15,785 MT. The decline ends two weeks of consecutive gains. Weekly sales were led by South Korea, purchasing 4,500 MT, followed by Hong Kong (4,200 MT), Mexico (2,000 MT), Canada (1,600 MT), and Japan (1,400 MT).


REPORT THIS WEEK LAST WEEK DIFFERENCE
  Shipments 12,007 2,286 9,721
 
SHIPMENTS 10 WEEKS 27 WEEKS THIS YEAR
Average 11,985 14,219 7,147
High 18,003 35,881 12,007
Low 2,286 2,286 2,286
 
 
Chart
 

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


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