USA Trade numbers published
BeefJune beef import tonnage was up slightly from May’s level and on trend with the seasonally normal movements. For the first six months of 2016, beef imports were down 13% compared to 2015’s. The majority of this decreased stemmed from less Australian product coming into the U.S. Beef exports saw another generally positive month. June tonnage was about even with year ago levels, but that was also coming off of a relatively large year-over-year increase in May. Through the first half of 2016, U.S. beef export tonnage was 2% above 2015’s.
Within the major export destinations, for the January to June timeframe, exports were up 9% to Japan, up 6% to Mexico, up 17% to South Korea, and down 6% to Canada, year-over-year. Japan remained by far the largest international market for U.S. beef.
PorcOn the pork side, imports were down year-over-year for the month of June, but for the first six months of the year were up 2% compared to 2015’s. Pork export tonnage for the month was almost 5% above year ago and for the first half of the year were 2% above 2015’s.
Looking at January through June, compared to 2015’s levels, pounds exported were down 4% to Japan, decreased 6% to Mexico, and increased 2% to Canada. Exports to mainland China and to Hong Kong have both recorded significant gains year-over-year. For the first six months, exports to mainland China were up over 160% and were up 70% to Hong Kong. This has been influenced by China’s decreased pork production and high prices this year.