Weekly Beef, Pork, & Corn Export Highlights...
This summary is based on reports from exporters for the period November 24-30, 2023.
Source: USDA
Beef:
Net sales of 200 MT for 2023--a marketing-year low--were down 98 percent from the previous week and from the prior 4-week average. Increases primarily for Japan (1,800 MT, including decreases of 1,100 MT), Mexico (1,300 MT, including decreases of 100 MT), China (900 MT, including decreases of 700 MT), Canada (800 MT), and Taiwan (200 MT, including decreases of 300 MT), were offset by reductions for South Korea (4,400 MT) and Hong Kong (1,200 MT). Net sales of 18,400 MT for 2024 were primarily for South Korea (9,100 MT), Japan (5,300 MT), Hong Kong (1,500 MT), China (1,100 MT), and Mexico (500 MT).
Exports of 13,700 MT were up 7 percent from the previous week, but down 2 percent from the prior 4-week average. The destinations were primarily to South Korea (3,900 MT), Japan (3,000 MT), China (1,900 MT), Mexico (1,300 MT), and Taiwan (1,100 MT).
Pork:
Net sales of 25,900 MT for 2023 were up 23 percent from the previous week, but down 14 percent from the prior 4-week average. Increases primarily for South Korea (10,100 MT, including decreases of 500 MT), Mexico (7,800 MT, including decreases of 1,000 MT), Japan (2,700 MT, including decreases of 700 MT), Colombia (1,700 MT, including decreases of 100 MT), and Australia (1,300 MT), were offset by reductions for Costa Rica (200 MT) and China (200 MT). Net sales of 10,100 MT for 2024 were primarily for Mexico (3,700 MT), South Korea (3,200 MT), Canada (1,100 MT), Colombia (700 MT), and Honduras (300 MT).
Exports of 32,300 MT were up 16 percent from the previous week and 2 percent from the prior 4-week average. The destinations were primarily to Mexico (12,700 MT), South Korea (4,500 MT), Japan (3,800 MT), China (2,500 MT), and Canada (2,000 MT).
Corn:
Net sales of 1,288,900 MT for 2023/2024 were down 33 percent from the previous week and 17 percent from the prior 4-week average. Increases primarily for Japan (443,400 MT, including 65,200 MT switched from unknown destinations and decreases of 2,300 MT), China (274,500 MT, including 272,000 MT switched from unknown destinations and decreases of 2,400 MT), Mexico (230,000 MT, including decreases of 900 MT), Panama (81,000 MT), and Colombia (78,200 MT, including decreases of 3,800 MT), were offset by reductions for Nicaragua (1,300 MT). Total net sales of 22,900 MT for 2024/2025 were for Mexico.
Exports of 1,086,100 MT--a marketing-year high--were up noticeably from the previous week and up 65 percent from the prior 4-week average. The destinations were primarily to Mexico (307,800 MT), China (276,600 MT), Colombia (181,000 MT), Japan (114,900 MT), and Taiwan (76,600 MT).
