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USDA cuts reported late June beef export sales after data error
The USDA said exporters sold 12,064 tonnes in late June, 90.0% lower than its prior estimate and following an earlier July 2 figure it had to revise after receiving incorrect data.
The US Department of Agriculture lowered its reported beef export sales for late June after admitting it published incorrect data in its weekly report on July 2, according to Reuters citing USDA updates. USDA said exporters sold a net 12,064 tonnes of US beef to foreign buyers in late June, a 90.0% drop versus the volume USDA originally reported a week earlier.
The reduction renews market doubts about the quality of USDA figures, after traders, analysts and farmers questioned earlier USDA reporting tied to staffing losses during the Trump administration’s federal reshaping efforts. Reuters reports that trust has been further strained after USDA significantly underestimated corn acres last year, delayed a quarterly agricultural trade report, and excluded findings that analysts said pointed to tariffs as a factor behind a forecast increase in the agricultural trade deficit.
In its July 2 publication, USDA had shown 2026 sales reaching 126,062 tonnes in the week ending June 25, up nearly 500.0% from the prior week, a jump traders and analysts quickly disputed because it included sales to some countries at levels several times higher than their previous purchases from the US.
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