BSE concerns quickly fade, U.S. beef export sales up 24%

The latest beef export data shows net U.S. beef exports increased by 3,980 metric tons, totaling 20,809 MT last week. Sales improved for the second consecutive week, moving above the 10-week average, but less than half of this year’s high. Beef sales increased to Japan (6,000 MT), Canada (4,000 MT) and Mexico (3,200 MT). The 4-week average of U.S. beef export sales increased 9 percent over last week’s figure.

Beef export shipments fell 5 percent lower, down 1,004 metric tons to 17,614 MT. Export shipments declined for the first time in seven weeks, but remain 2,093 MT above the 27-week average. Shipments were primarily to Mexico, receiving 3,000 metric tons of U.S. beef. Japan was second with 2,900 MT, followed closely by South Korea who received 2,800 metric tons. Russia (2,400 MT) and Canada (2,100 MT) were fourth and fifth respectively.

REPORT THIS WEEK LAST WEEK DIFFERENCE   Sales 20,809 16,829 3,980 SALES 10 WEEKS 27 WEEKS THIS YEAR Average 19,144 16,046 18,522 High 52,009 52,009 52,009 Low 8,769 1,685 -9,660

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