Weekly Beef, Pork, & Corn Export Highlights...
This summary is based on reports from exporters for the period November 3-9, 2023.
Source: USDA
Beef:
Net sales of 8,900 MT for 2023 were down 35 percent from the previous week and 27 percent from the prior 4-week average. Increases were primarily for South Korea (2,900 MT, including decreases of 300 MT), Mexico (1,700 MT, including decreases of 100 MT), China (1,300 MT, including decreases of 100 MT), Japan (800 MT, including decreases of 1,400 MT), and Taiwan (600 MT, including decreases of 100 MT). Net sales of 1,600 MT for 2024 reported for South Korea (1,500 MT), Taiwan (100 MT), and Mexico (100 MT), were offset by reductions for Japan (100 MT).
Exports of 13,500 MT were down 7 percent from the previous week and 4 percent from the prior 4-week average. The destinations were primarily to South Korea (3,900 MT), Japan (3,300 MT), China (2,800 MT), Mexico (1,200 MT), and Taiwan (800 MT).
Pork:
Net sales of 24,300 MT for 2023 were down 51 percent from the previous week and 30 percent from the prior 4-week average. Increases were primarily for Mexico (8,500 MT, including decreases of 300 MT), Japan (5,400 MT, including decreases of 400 MT), South Korea (2,100 MT, including decreases of 1,200 MT), Colombia (1,700 MT, including decreases of 300 MT), and Honduras (1,400 MT). Net sales of 400 MT for 2024 were reported for South Korea (300 MT) and Colombia (100 MT).
Exports of 30,900 MT were down 13 percent from the previous week, but up 5 percent from the prior 4-week average. The destinations were primarily to Mexico (10,500 MT), Japan (4,300 MT), South Korea (3,900 MT), China (3,200 MT), and Colombia (2,400 MT).
Corn:
Net sales of 1,807,500 MT for 2023/2024 were up 78 percent from the previous week and 81 percent from the prior 4-week average. Increases primarily for Mexico (1,061,100 MT, including decreases of 2,700 MT), Japan (532,900 MT, including 22,600 MT switched from unknown destinations), Colombia (124,000 MT, including 35,200 MT switched from unknown destinations and decreases of 3,700 MT), South Korea (59,000 MT, including decreases of 10,000 MT), and Honduras (50,900 MT, including decreases of 9,900 MT), were offset by reductions for Morocco (35,000 MT), Canada (13,000 MT), El Salvador (7,200 MT), and the Dominican Republic (4,000 MT).
Exports of 683,100 MT were down 17 percent from the previous week, but up 17 percent from the prior 4-week average. The destinations were primarily to Mexico (461,600 MT), Colombia (75,900 MT), Honduras (49,200 MT), Canada (27,700 MT), and Japan (22,600 MT).
