Beef export sales down 12 percent

U.S. beef export sales fell 2,738 metric tons last week, totaling 20,748 MT. Last week’s sales fell 12 percent from the previous week, but the four-week average is five percent higher than the previous four-week average. U.S. beef export sales increased for South Korea (5,900 MT), Mexico (3,500 MT) and Japan (2,900 MT). Canada and Russia purchased 2,400 MT and 1,900 MT respectively.

Shipments of U.S. beef increased by less than half of one percent last week, up 63 metric tons to 16,839 MT. Beef export shipments have steadily increased for three consecutive weeks. Shipments were primarily to South Korea who imported 5,900 metric tons, followed by Mexico (3,100 MT), Japan (2,300 MT), Canada (2,100 MT) and Russia (1,600 MT).

REPORT THIS WEEK LAST WEEK DIFFERENCE   Sales 20,748 23,486 -2,738 SALES 10 WEEKS 27 WEEKS THIS YEAR Average 19,357 15,893 18,685 High 52,009 52,009 52,009 Low 8,769 1,685 -9,660

1. Vilsack: Taking time to remember the fallen
2. Livestock Marketing: Beef prices remain strong, cattle pressured
3. Farm Bill progress
4. Feeder cattle review: Choice beef prices keep rolling higher
5. Ag markets diverge just before the long holiday weekend
6. Armyworms eat fescue pastures, hayfields

1. Commentary: New rules un-COOL
2. Former Eastern Livestock CEO, CFO sentenced for federal crimes
3. TSCRA works with sale barns to catch Houston cattle thief
4. NASA backs 3D food printer to feed growing population
5. More beef cows in worst drought regions than a year ago
6. Post-tornado composting a solution for disposal of dead livestock

1. Commentary: New rules un-COOL
2. Commentary: In praise of animal foods
3. What’s on America’s grill this weekend?
4. NASA backs 3D food printer to feed growing population
5. Meat industry associations quick to attack the new MCOOL rule
6. Commentary: Message to Occupy Monsanto: Occupy yourself