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USDA International Meat Review


19 December 2014

USDA International Meat Review 18 December 2014USDA International Meat Review 18 December 2014


USDA International Meat Review

Trade Highlights

The USDA Foreign Agricultural Service (FAS) recently published U.S. red meat export and import data for October 2014. According to the numbers, U.S. exports of beef and veal cuts and beef variety meats during October rose 9.8 percent over September to 109,855 MT. Also, this was nearly 1.0 percent higher than October 2013. More specifically, fresh, chilled beef exports equaled 29,404 MT, which was down 6.6 percent from the previous month and was down 15.4 percent from October 2013. Conversely, frozen beef exports rose 12.6 percent over the previous month and 11.0 percent over October 2013 to 42,607 MT. U.S. beef variety meat exports during October totaled 33,385 MT. This was up 24.1 percent over the previous month and was up 9.1 percent over October 2013. Total year-to-date beef variety meat exports were 6.6 percent more than last year, amounting to 280,937 MT.

Beef exports to Japan during October fell 2.6 percent from the previous month to 22,586 MT. Year-to-date beef exports to Japan equaled 206,878 MT, 2.4 percent higher than last year. Japan was the largest beef export market for the U.S. with 20.7 percent of the total. U.S. beef exports to Mexico during October equaled 21,930 MT, which was 5.6 percent less the previous month. Year-to-date beef exports to Mexico totaled 200,741 MT, which was 16.5 percent more than a year ago. During October, the U.S. exported 16,779 MT of beef to Hong Kong. This was 31.6 percent greater than the previous month. Total year-to-date beef exports to Hong Kong were up 23.5 percent over a year ago, amounting to 123,203 MT. Overall, U.S. total year-to-date beef and veal and beef variety meat exports equaled 1,000,134 MT, which was 2.6 percent more than the same period a year ago. During October, U.S. exports of pork cuts and pork variety meats totaled 178,256 MT. Although this was 12.7 percent more than the previous month, it was 2.7 percent less than October 2013. More specifically, exports of fresh, chilled pork equaled 62,458 MT, which was up 13.3 percent over the previous month but was down 1.2 percent from October 2013.

Exports of frozen pork equaled 55,261 MT, which was up 19.3 percent over the previous month but was down 16.1 percent from October 2013. During October, U.S. pork variety meat exports totaled 47,331 MT, which was 16.9 percent higher than September and was 24.0 percent higher than October 2013. Total year-to-date pork variety meat exports were 10.8 percent higher than last year, amounting to 398,114 MT. U.S. pork exports to Mexico during October rose 6.4 percent over the previous month to 58,932 MT. Year-to-date pork exports to Mexico totaled 552,267 MT, 12.6 percent more than a year ago. Mexico was the leading U.S. pork export market with 30.9 percent of the total. During October, the U.S. exported 39,439 MT of pork to Japan. This was 16.0 percent greater than the previous month. Total year-to-date pork exports to Japan were 11.8 percent more than a year ago, amounting to 397,883 MT. Pork exports to China during October equaled 10,930 MT, which was up 61.8 percent over the previous month. Year-to-date pork exports to China totaled 182,091 MT, 32.1 percent lower than last year. Overall, U.S. total year-to-date exports of pork cuts and pork variety meats equaled 1,789,459 MT, 3.6 percent more than the same period a year ago.

Trade Highlights (continued)

During October, U.S. beef and veal imports equaled 91,889 MT. This was 7.0 percent higher than September and was 50.7 percent higher than October 2013. More specifically, imports of fresh, chilled beef totaled 33,548 MT, which was down slightly from the previous month but was up 24.7 percent over October 2013. Imports of frozen beef totaled 55,798 MT, which was up 12.7 percent over the previous month and was up 83.7 percent over October 2013. During October, U.S. beef imports from Australia rose 16.3 percent over the previous month to 44,554 MT. Year-todate beef imports from Australia totaled 282,701 MT, 66.1 percent above a year ago. Australia was the main provider of beef to the U.S. with 35.1 percent of the total imports. Beef imports from New Zealand during October equaled 8,854 MT, which was 5.8 percent higher than the previous month. Total year-to-date beef imports from New Zealand were 9.0 percent more than last year, amounting to 173,550 MT. During October, the U.S. imported 17,894 MT of beef from Canada. This was unchanged from the previous month. Year-to-date beef imports from Canada equaled 168,424 MT, which was 10.6 percent more than last year.

Overall, U.S. total year-to-date beef and veal imports equaled 806,246 MT, which was 25.8 percent greater than the corresponding period a year ago. U.S. pork imports during October equaled 47,689 MT, which was up 15.9 percent over the previous month and was up 44.8 percent over October 2013. During October, fresh, chilled pork imports totaled 32,427 MT, which was 24.2 percent more than the previous month and was 49.4 percent more than October 2013. Frozen pork imports totaled 11,256 MT, which was 1.5 percent less than the previous month but was 57.4 percent more than October 2013. During October, the U.S. imported 39,966 MT of pork from Canada, which was 24.1 percent higher than the previous month. Total year-to-date pork imports from Canada were 8.1 percent higher than last year, amounting to 274,577 MT. Canada was the largest supplier of pork to the U.S. with 77.5 percent of the total. Pork imports from Denmark during October equaled 2,934 MT. This was little changed from the previous month. Year-to-date pork imports from Denmark totaled 29,373 MT, 30.2 percent greater than a year ago. Overall, U.S. total year-to-date pork imports equaled 354,384 MT, which was 14.2 percent higher than the same period a year ago. Additional U.S. trade data can be found on the FAS website http://www.fas.usda.gov/gats/.

North America

Recently, CanFax released Canada’s current cattle on feed numbers for terminal feedlots with 1,000 or more head in the provinces of Alberta and Saskatchewan. According to the statistics, cattle on feed on December 1, 2014 in Canada equaled 951,187 head. This was 6.8 percent lower than one year ago and was 5.0 percent lower than the five year average. During November, 218,689 head of cattle were placed on feed, which was 14.8 percent less than one year ago and was 25.2 percent less than the five year average. Steers placed on feed numbered 143,083 head, which accounted for 65.4 percent of the total placements. Heifers placed on feed totaled 75,606 head. Placements of feeder cattle decreased in each weight category from a year ago. More specifically, placements of feeder cattle weighing less than 600 pounds equaled 78,710 head, which was 6.4 percent less than a year ago.

Placements weighing 600 to 699 pounds totaled 61,586 head, 12.8 percent less than last year. Placements weighing 700 to 799 pounds were down 19.4 percent from a year ago, amounting to 25,659 head. Finally, feeder cattle placements weighing more than 800 pounds totaled 52,734 head, which was 24.8 percent lower than last year. In the meantime, Canada’s fed cattle marketings during November rose 2.8 percent over one year ago to 116,170 head. However, this was 12.1 percent less than the five year average. To obtain the entire report, visit the CanFax website at http://www.canfax.ca/.

Pacific Rim

Recently, Japan’s Agriculture and Livestock Industries Corporation (ALIC) published October 2014 beef and pork import data for Japan. According to the statistics, Japan’s beef imports during October fell 7.7 percent from the previous month to 48,794 MT. However, this was up 7.8 percent over October 2013. Specifically, imports of frozen beef totaled 27,439 MT, which was down 15.1 percent from the previous month and was down 1.7 percent from October 2013. Likewise, imports of fresh, chilled beef were 4.2 percent higher than the previous month and were 23.3 percent higher than October 2013, totaling 21,322 MT. Japan’s beef imports from Australia during October equaled 25,470 MT. Although this was 15.2 percent less than the previous month, it was 6.5 percent more than October 2013. Total year-to-date beef imports from Australia equaled 238,554 MT, which was a little higher than a year ago. Australia was the primary beef import market for Japan with 53.8 percent of the total. During October, Japan imported 18,946 MT of beef from the U.S., which was up 3.2 percent over September and was up 11.4 percent over October 2013. Year-to-date beef imports from the U.S. were 4.8 percent greater than last year, amounting to 162,907 MT.

Beef imports from New Zealand during October fell 2.7 percent from the previous month to 1,578 MT. Also, this was 1.9 percent lower than October 2013. Year-to-date beef imports from New Zealand equaled 21,182 MT, 18.4 percent lower than last year. Overall, Japan’s total year-to-date beef imports equaled 443,698 MT, which was slightly less than the same period a year ago. During September, Japan’s beef marketings equaled 74,332 MT, which was 4.6 percent lower than the previous month but was 12.7 percent higher than a year ago. Imported beef marketings were up 18.5 percent over a year ago, amounting to 45,198 MT. Domestic beef marketings totaled 29,134 MT, 4.7 percent more than last year. Japan’s beef stocks at the end of September equaled 129,684 MT, which was up 5.9 percent over the previous month but was down a little from a year ago. Imported beef stocks totaled 116,880 MT, which was nearly unchanged from a year ago. Stocks of domestic beef were down 3.6 percent from last year, totaling 12,804 MT. During October, Japan’s pork imports rose 58.4 percent over September and rose 49.7 percent over October 2013 to 99,883 MT. This was the highest single month volume since April 2005. More specifically, imports of frozen pork equaled 70,882 MT, which was up 70.9 percent over the previous month and was up 88.3 percent over October 2013. Imports of fresh, chilled pork equaled 28,999 MT, which was up 34.3 percent over the previous month but was down slightly from October 2013. During October, Japan imported 28,095 MT of pork from the U.S.

This was 33.2 percent more than the previous month and was 11.2 percent more than October 2013. Also, this was the largest monthly volume since October 2012. Total yearto-date pork imports from the U.S. were 1.0 percent higher than a year ago, amounting to 237,074 MT. The U.S. was the largest source for Japan’s pork imports with 33.0 percent of the total. Pork imports from Canada during October totaled 18,810 MT, which was up 86.0 percent over the previous month and was up 31.6 percent over October 2013. Additionally, this was the highest monthly volume since June 2010. Total year-to-date pork imports from Canada equaled 124,918 MT, 6.7 percent more than a year ago. During October, pork imports from Denmark rose 139.8 percent over the previous month to 20,248 MT. This was 94.1 percent more than October 2013 and was the highest single month volume since July 2005.

Year-to-date pork imports from Denmark totaled 121,654 MT, which was up 29.1 percent over last year. Overall, Japan’s total year-to-date pork imports equaled 718,684 MT, 17.2 percent higher than the corresponding period a year ago. During September, Japan’s pork marketings totaled 134,112 MT. This was 4.1 percent higher than the previous month but was 1.8 percent lower than a year ago. Marketings of imported pork were down 2.9 percent from last year, amounting to 61,419 MT. Domestic pork marketings totaled 72,694 MT, which was almost 1.0 percent less than a year ago. At the end of September, Japan’s pork stocks totaled 212,290 MT. This was a little higher than the previous month and was 30.5 percent higher than a year ago. Imported pork stocks equaled 191,787 MT, 35.4 percent more than a year ago. Stocks of domestic pork were down 2.4 percent from last year, amounting to 20,503 MT. Further data is available on the ALIC website at http://lin.alic.go.jp/alic/statis/dome/data2/e_nstatis.htm.

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