U.S. beef export shipments increased by 907 metric tons last week, an eight percent increase over the previous week. The increase recovers a fraction of the previous week’s losses which set a 10-week low when shipments decreased by 5,718 MT two weeks ago. Last week’s export shipment totaled 12,502 metric tons, however U.S. beef export shipments remain below this year’s weekly export average of 14,546 MT. Shipments were primarily to Japan (4,000 MT), Mexico (2,100 MT) and South Korea (1,400 MT). Vietnam and Canada received 1,300 MT and 1,200 MT respectively.
Beef export sales fell three percent last week, down 312 metric tons to 10,196 MT. The decline dropped the four-week average by 45 percent. Export sales remain 5,815 MT below the 27-week average of 16,011 MT. Net sales increases were reported for Japan (5,300 MT), Mexico (2,100 MT), Canada (1,400 MT), Taiwan (600 MT), and South Korea (500 MT).
|Data provided by iNet Solutions Group, Inc.|
|All commodity prices delayed 10 minutes.|